The Minimum Wage for the Hospitality Sector (including hotels, guest houses and restaurants) has been increased by 7,4% by the Department of Labour from today, and is now R2240,60 per month for businesses with 10 or fewer employees, and R 2495,80 for businesses with more than 10 employees.
The increase is on 1 July every year, and the increase was higher than the 5,2% last year due to the higher Consumer Price Index at 6,4% currently.
TABLE 1:
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Table 1: Minimum wages for employers with 10 or less employees |
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Minimum rate for the period |
Minimum rate for the period |
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1 July 2012 to 30 June 2013 |
1 July 2013 to 30 June 2014 |
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|
|
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Monthly |
Weekly |
Hourly |
Monthly |
Weekly |
Hourly |
|
R2240,60 |
R517,10
|
R11,49
|
Previous Minimum wage + CPI + 1% |
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TABLE 2:
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Table 1: Minimum wages for employers with more than 10 employees |
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|
Minimum rate for the period |
Minimum rate for the period |
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|
1 July 2012 to 30 June 2013 |
1 July 2013 to 30 June 2014 |
||||
|
|
|
||||
|
Monthly |
Weekly |
Hourly |
Monthly |
Weekly |
Hourly |
|
R2495,80 |
R576,00
|
R12,80
|
Previous Minimum wage + CPI + 1% |
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Chris von Ulmenstein, Whale Cottage Portfolio: www.whalecottage.com Twitter: @WhaleCottage