Labour Relations Act, 1995 (Act No. 66 of 1995)

Notices

National Bargaining Council for the Chemical Industry

Petroleum Sector

Substantive Agreement 2025/2028

Chapter 2

6. Annual Bonus

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A guaranteed thirteenth cheque, payable as per current plant level arrangements, such paid on the basic salary only.

 

A pro-rata payment shall be made in the case of employees who were employed at the time of the payment of the annual bonus, but who have not been in continuous service with the employer for the preceding twelve months.

 

A pro-rata payment will also be made to employees who resign during the year in which the bonus accrues.