The Department of Labour has published a new directive around its Covid-19 Temporary Employee/Temporary Employer Scheme
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Gugu Mfuphi talks to Andrew Levy, Labour Analyst about The Department of Labour has published a new directive around its Covid-19 Temporary Employee/Temporary Employer Scheme (TERS), introducing a number of new amendments and regulations for South African businesses.
The TERS is one of the key measures that government is using to financially support employers and employees during the coronavirus lockdown, with the new directive providing further clarification on the new scheme and the rights of employers and employees.
Below law firm Werksmans outlined the salient aspects of the TERS and how the new amendments impact the labour market.
The benefit an employee can receive under this scheme will be capped to a maximum amount of R6 730.56 per month per employee. The maximum salary to be taken into account in calculating the benefits will be R17,712.00 per month and the employee will be paid in terms of the income replacement sliding scale (38%-60%) as provided for in the Unemployment Insurance Act.
The TERS is one of the key measures that government is using to financially support employers and employees during the coronavirus lockdown, with the new directive providing further clarification on the new scheme and the rights of employers and employees.
Below law firm Werksmans outlined the salient aspects of the TERS and how the new amendments impact the labour market.
The benefit an employee can receive under this scheme will be capped to a maximum amount of R6 730.56 per month per employee. The maximum salary to be taken into account in calculating the benefits will be R17,712.00 per month and the employee will be paid in terms of the income replacement sliding scale (38%-60%) as provided for in the Unemployment Insurance Act.
