Senior officers get 15% salary increase
Friday, March 22, 2024 | 2820 Views |
Gabatlotlane Mogapi
“It is on the basis of the foregoing that a decision has been made to introduce a commuted overtime allowance of 15% of basic salary. The above applies to executive officers (E2 and above) who are currently not receiving some form of overtime compensation. The overtime allowance is effective April 2023,” read the Savingram.
Furthermore, it says that when calculating arrears from April 2023, where the claimed overtime for certain month is greater than 15% commuted allowance, no arrears will be paid for the specific month. Similarly, it further states that where the overtime claimed is less than 15%, the difference shall be paid as arrears for that month. According to savingram, the commuted allowance shall apply and there shall be no other overtime claims outside the commuted allowance.
While the minister is of the view that the proposal would have significant positive economic impact, the entertainment industry players believe otherwise. The issue has over the weeks become a hot potato. But what is of essence right now is that the country needs liberal ideas to move in the right direction While opening up the economy may sound quite interesting to the ear, rolling out extended trading hours through pilot programmes without...