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Labour Relations Act, 1995 (Act No. 66 of 1995)

Bargaining Council for the South African Road Passenger (SARPBAC)

Main Collective Agreement

24. Bonus

 

 

24.1 Employees who are in the service of their Employer on the first day of December in any calendar year, shall be paid a bonus equivalent to one month's basic wages, provided that such bonus will be calculated pro rata to an Employee's service where the Employee is engaged for a period of less than 12 months immediately preceding the first day of December.

 

24.2 Employees who leave the service of the Employer prior to the 1st of December in any one year, will be paid a pro rata portion of the bonus referred to above provided that the termination of their service is as a result of any one of the following:

24.2.1        the Employee being declared medically unfit to continue employment;  or

24.2.2        the Employee attaining normal retirement age; or

24.2.3        the employment relationship being terminated for operational reasons; or

24.2.4        the death of the Employee.

 

24.3 Any Employer seeking exemption from the provisions of this clause as a consequence of financial reasons shall be obliged to follow the exemption procedure detailed in Annexure  C.