
Is your business feeling the pinch of the minimum wage?
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Is your business feeling the pinch of the 9,6% hike in the national minimum wage? If so, not all is lost, there are some alternatives you can explore to lighten the load on your wage bill. As of 1 March 2023 South Africa’s new minimum hourly wage rate rose by 9.6% from R23.19 to R25.42 per hour. Jaundré Kruger National Manager at Consolidated Employers Organisation (CEO) joined the OFM Business Hour in studio to discuss some alternatives that business owners can explore.