Paying my Employees: Everything I Need to Know

Section 1 of the Basic Conditions of Employment Act 75 of 1997 defines remuneration as any payment in money or in kind, or both in money and in kind, made or owing to any person in return for that person working for any other person, including the State.
The Act further provides that payment of any remuneration must be paid in South African currency and can be calculated either on a daily, weekly, fortnightly, or monthly basis. The payment thereof must be paid either in cash, by cheque or by direct deposit into an account designated by the employee. Any remuneration paid in cash or by cheque must be given to each employee at the workplace or at a place agreed to by the employee, during the employees’ working hours or within 15 minutes of commencement or conclusion of those hours and in a sealed envelope which becomes the property of the employee.
Remuneration must not be paid later than seven days after the completion of the period for which the remuneration is payable which in terms of the Act must be agreed to contractually; or when the contract of employment is terminated between employer and employee party.
This article aims to provide general information and does not constitute legal advice. For more information contact 021 919 6418 OR erin@joblaw.co.za

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