When an employee becomes unemployed or cannot work due to illness, maternity, adoption, or parental leave, the Unemployment Insurance Fund (UIF) provides temporary relief. It also offers consolation to a deceased contributor’s dependents. The UIF is controlled by the Unemployment Insurance Act of 2001 and the Unemployment Insurance Contributions Act (UIC Act). These Acts, which … PAYE & UIF for Foreign National Employees
An employer must pay the Unemployment Insurance Fund (UIF) for an employee who works more than 27 hours a month. The employer must register as a contributor to UIF and register all employees as beneficiaries. Upon registration, the employer will receive a contributor number and must use it when paying the contributions. The employer deducts … UIF compliance – Employer responsibilities and risks for non-compliance
The Department of Employment and Labour has adjusted the earnings threshold for the Basic Conditions of Employment Act 75 of 1997 (the BCEA) as of 1 April 2024. Here are a few key takeaways from the adjustment to the earnings threshold: What is the earnings threshold? Employees earning above the earnings threshold are excluded from … Increase in Basic Conditions of Employment Act earning threshold effective 1 April 2024
