South Africa sets out planned minimum wage level

South Africa sets out planned minimum wage level
 

South Africa's government has proposed a national minimum wage of 3,500 rand ($242; £199) a month.
About 47% of working South Africans earn less than the wage, which is being introduced to combat income poverty and inequality.
But critics say it could put more people out of work as employers might not be able to afford the higher wages.
The government says it will consult on the issue, but hopes to introduce a minimum wage within two years.
Announcing the rate, which was proposed by a panel of advisers, the country's deputy president Cyril Ramaphosa said: "We are now a step closer to... read more

 
21 November 2016 in Business, Views: 38
Source: BBC
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