The national minimum wage (NMW) came into effect on 1 January this year to advance economic development and social justice by improving the wages of the lowest paid workers, protecting workers from unreasonable low wages, promoting collective bargaining and supporting economic policy.
Already more than 350 wage disputes have been referred to the Commission for Conciliation, Mediation and Arbitration (CCMA) which has received an additional R108m from Treasury for
2019-2022 to handle cases related to the new wage dispensation.
Government has also announced that it will undertake a national blitz to assess whether the NMW is being implemented – with special focus on the wholesale and retail sectors as they have been identified as some of the more problematic sectors.
Now, more than ever, it is important to have access to reliable data and guidance on settlements and labour market trends, especially when it comes to budgeting and analysing wage structures. Organisations also need to understand levels of earnings and consumption/expenditure patterns of employees and to consider how they can support poverty alleviation and address income inequality.
The South African Labour Market Monitor and Worker Income and Expenditure Patterns Report (SALMWEP) examines worker income and expenditure patterns and addresses key questions regarding the adequacy of remuneration levels, the formation of policies, as well as providing up-to-date labour market information and analysis.
Join labour law expert Andrew Levy as he discusses the findings of the research and the implications of the national minimum wage for your business.
Andrew Levy is one of South Africa's best known labour resources. He has been in the labour field for over 40 years, has written four books on labour law and practice, and recently completed a book on Labour Economics.
As a teacher, researcher, consultant and labour commentator, Andrew has been at the forefront of South African labour developments. He presents a regular round of seminars each year and enjoys contact with a broad range of delegates from all industries.
Andrew has Master's degrees in both labour economics and labour law and has consulted to a wide range of large and small, local and international organisations on the management of industrial relations. He has provided statistical analysis to the International Monetary Fund, the International Labour Organisation and institutions such as the South African Reserve Bank, as well as to the international investment banking community.
He is a well-known commentator on South African labour matters on local and international radio, television and the press. In 2012 Andrew received a lifetime achievement award from the South African Board for People Practices. He has been an Arbitrator on various panels for over 20 years.
His firm, Andrew Levy Employment, is based in Johannesburg, and provides consultancy, training and research, as well as publishing its influential quarterly Wage Settlement Survey, and Industrial Action Monitor.
A light supper will be served after the event.
Please note that GIBS forums are filmed for City Press and BDTV.
Want to attend but can't afford to? email email@example.com for one of the free limited seats available.