[LISTEN] What does the proposed national minimum wage mean for employment?
Labour law expert Chris Todd explains the ramifications the proposed minimum wage will have on employment in South Africa.
JOHANNESBURG - While reaction continues to pour in over the proposed national minimum wage of R3,500, head of employment law at Bowmen Gilfillan, Chris Todd, says this may make it difficult for unemployed South Africans to find an entry-level job.
The proposed minimum wage, which made by a panel of advisors, will be reviewed annually once the legislation is passed.
In the SoundCloud above, Todd elaborates on some of the research used to determine this amount.
He chats to Bruce Whitfield on the Money Show.
Whitfield also gets the perspective of economist Dr Azar Jammine, Econometrix and what this means for small businesses.