What is a bargaining council agreement?

What is a bargaining council agreement?

Trade unions and employers’ organisations may apply to form bargaining councils. Bargaining councils deal with collective agreements, solve labour disputes, establish various schemes and comment on labour policies and laws.

How do I know if I am registered with Mibco?

How do I know if I am registered with MIBCO? You should contact your Regional Mibco office and on request provide your identity number or passport number to the Client Service staff who will then provide you with your Mibco council number if you have been registered through the employer’s Monthly Returns.

Who belongs to Mibco?

With the Motor Industry Bargaining Council (MIBCO) earnings threshold of R211 596.30 per annum, it means that any employee earning below the R211 596.30 per annum in the Motor Industry is obliged to belong to either the Autoworkers Provident Fund or the Motor Industry Provident Fund unless the employee can prove that …

What is the duty of a bargaining council?

Powers and functions of bargaining councils include: making and enforcing collective agreements. preventing and resolving labour disputes establishing and managing a dispute resolution fund. promoting and establishing training and education schemes.

What is the difference between bargaining council and CCMA?

Whilst they generally both perform the same function, certain industries have a Bargaining Council, some examples are: the motor industry, restaurants, engineering and hairdressing. If there is not a Bargaining Council in a particular industry, the CCMA will then deal with the dispute.

Is it law to belong to a bargaining council?

An employer is legally obligated to register with that specific bargaining council, if the CORE FUNCTION of the employer is prescribed in the scope of application of any bargaining council. The employer must also comply with the terms and conditions as set out in the collective agreement of the bargaining council.

How much is my Mibco provident fund?

Just like normal tax, MIBCO rates of the payments you make are directly proportional to the amount of money you make. However, regardless of the grade of work you are in, your employer will make a payment of 15.5% of your pensionable salary or remuneration every week.

What is Mibco retirement age?

(21) “retirement age” means 65 years; (22) “voluntary member” means a person admitted to membership by a Regional Council in terms of clause 5 of this Agreement; (23) “week” means a period of seven consecutive days commencing at midnight on a Sunday.

How much does Mibco pay out?

How is Mibco calculated?

Formula and Examples for Calculation of Leave Pay

1. Conversion from monthly salary to weekly. Formula. Monthly salary x 12 = weekly. Example. Monthly salary = R2000-00. R2000-00 x 12 = R461-54 per week.
2. Calculation of accrued leave pay. Formula. No. of weeks worked x No. of weeks’ leave per annum x weekly wage.

Is it compulsory to belong to a bargaining council?

Does CCMA have jurisdiction?

The CCMA has jurisdiction to determine unfair dismissal disputes, and it is specifically enjoined, in terms of section 115(1)(b) of the LRA, to arbitrate disputes referred to it after a failed conciliation.