Web30 Apr 2012 · It is stressed that the retrenchees are entitled to such severance pay in addition to their normal remuneration and benefits for time worked/work done, leave pay, … Web16 Apr 2013 · REPUBLIC OF NAMIBIA. LABOUR COURT OF NAMIBIA MAIN DIVISION, WINDHOEK. JUDGMENT. Case no: LCA 44/2012 ... The payment of severance pay in …
Namibia: The New Labour Act - Retrenchment And Severance
WebThe Government of Namibia has, since then, frequently expressed its concern about the high rate of unemployment of previously disadvantaged communities, skewed income distribution and other human resources related shortcomings. The implementation of the Labour Act (Act 6 of 1992), was an important attempt to remedy the situation. WebThe new severance pay scheme requires the employer to pay a sum of 1.53% of every monthly salary into an employee severance fund (‘Betriebliche Vorsorgekasse’). At the end … elk river post office phone number
Olweny v Equity Bank (U) Limited (Labour Dispute Claim 225 of …
WebHow To Calculate Severance Pay In Namibia. Severance pay must be in an amount equal to at least one week’s remuneration for each year of continuous service with the employer. … Webgreater labour market flexibility, and the jobs crisis of 2008-2015. Over this period, numerous countries witnessed significant lay-offs and increasing instability of employment. Many … Web13 Mar 2024 · Severance Pay In accordance with the Labour Act, 2007, an employer is to give severance pay to an employee who was dismissed, died while employed, or resigns/retires upon reaching the age of 65, as long as at least 12 months of continuous … The Social Security Council is to pay the basic wage to the employee during the … The Labour Act defines basic wage as a part of an employee’s remuneration in … Pay on Public Holidays. Under the Schedule of the Public Holidays Act, 1940, there … The labour inspector can also assist any person in making an application, referral … Under the Labour Act, 2007, an employer is prohibited from engaging a pregnant … The Constitution read with the Labour Act, 2007 forbids any sort of employment of … elk river post office