The employer is not required to provide yearly raises. Salaries drop. In general, a company may not pay employees deeply.
The general norm is that employees do not have a right to a raise in their yearly pay unless it is provided for in their employment contract, established by a collective bargaining agreement between the employer and a trade union, or determined by a negotiating council agreement.
Is an annual wage rise required?
According to Mothibi, businesses can explore annual raises every year, although they are not have to be enacted. There is no universal legal need to offer raises, but it depends on the factors. If there is no mention of increases in the contract, you are not legally entitled to one.
Can you refuse a pay raise?
Employees who wish to reject these offers should do so in writing and sign it; if they do not, the employer should urge that they do so. Although there are no federal rules requiring employees to accept raises and promotions, it is prudent to record the facts.
What is the law in South Africa regarding wage increases?
The basic rule is that employees do not have a right to an annual salary increase unless it is: stipulated in an employee’s contract of employment; determined by a collective agreement between the employer and a trade union or by a bargaining council agreement; or determined by a collective agreement between the employer and a bargaining council agreement.
What is the average pay rise in South Africa for 2022?
Richter estimates that the overall average payroll increase for the next 12 months will be 5.24% on a total guaranteed package basis across industry sectors, compared to South Africa’s benchmark Consumer Price Index (CPI), which remained stable at 5.9% in April.
How much more money do I need to make in order to stay up with inflation in 2022?
The apparent approach is to request a wage increase of 8.5% or so to at least keep up with inflation, but experts warn that’s not necessarily the best option. Your first step should be to examine not only pay rates for your own sector and job, but also typical pay increases across all industries.
