National Minimum Wage 2024 Annual Salary Cap. On 1 february 2024, the minister of employment and labour increased the national minimum wage by 8.5% from r25.42 to r27.58 for each ordinary hour worked from 1. The fair work ombudsman is reminding employers that a 3.75 per cent minimum wage increase should be applied to eligible employees’ pay from the first full.

On 1 february 2024, the minister of employment and labour increased the national minimum wage by 8.5% from r25.42 to r27.58 for each ordinary hour worked from 1. This year’s nlw increase is also set to be the third largest (real.