National Minimum Wage. The recently agreed National Minimum Wage (NMW) shall have the effect of raising the wages of nearly 6 million workers. This represents a substantial intervention on reducing wage inequality. It is also a measure to stimulate aggregate demand in the economy through wage led growth. Social Partner agreed to: • Full commitment in rolling out the NMW. • Effective monitoring and enforcement in the implementation of the NMW.
Appears in 2 contracts
Samples: Framework Agreement, Framework Agreement
National Minimum Wage. The recently agreed National Minimum Wage (NMW) shall have the effect of raising the wages of nearly 6 six million workers. This represents a substantial intervention on reducing wage inequality. It is also a measure to stimulate aggregate demand in the economy through wage led growth. Social Partner agreed to: • Full commitment in rolling out the NMW. • Effective monitoring and enforcement in the implementation of the NMW.
Appears in 2 contracts
Samples: nedlac.org.za, nedlac.org.za
National Minimum Wage. The recently agreed National Minimum Wage (NMW) shall have the effect of raising the wages of nearly 6 six million workers. This represents a substantial intervention on reducing wage inequality. It is also a measure to stimulate aggregate demand in the economy through wage led growth. Social Partner agreed to: • Full commitment in rolling out the NMW. • Effective monitoring and enforcement in the implementation of the NMW.
Appears in 1 contract
Samples: nedlac.org.za
