Cosatu and DA representatives discuss SA's minimum wage amid economic strain
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- Опубликовано: 27 апр 2024
- Cosatu's parliamentary coordinator Matthew Parks and the DA's Matthew Cuthbert offer their perspectives on South Africa's current minimum wage amidst challenging economic conditions.
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Why did Matthew Parks get more time to speak ? And Thabo you use time to ask questions. Very unfair!
From the very first statement, the cos guy was already deliberately misconstruing what the the first guy said. Forgoing the minimum wage to get a job that pays more than, let's say R350, WOULD BE BETTER. Instead of taking from tax the kitty, it would be adding to it. Also the experience of working, adding to your overall experience, is more beneficial than sitting at home.
🤣🤣🤣🤣🤣 YOU THINK reduced minimum wage is going to be better , the DA and private sector were crying when minimum wage was 3500 they wanted it reduced when it was 2000 they still wanted it to be lower...you want ppl to work for rent and transport, private sector is always trying to strong arm the gov and exploit citizens for the bottom line
What they will be paid is just enough to pay their taxi fare. White people at it again.
Let's go DA, let's go!!
DA is wasting their time, they ain't going to be the government.
Mathew park is not lying, corporate south africa is over paid,howevrr Mathew Cuthbert is not wrong also, with regards to having more people participating in labor garnering experience, to further their careers
The DAs position is that big businesses are getting to make the rules. Small businesses can't make it. So in a lot of cases wealth distribution is much less equal because small businesses can't survive with an ANC government.
@MaximilienDanton small businesses can't survive cause ,a free market economy economy makes goods that we don't produce expensive when we import them ,we need to promp up our industries by protecting them
@@masterjedi487 we do protect certain industries with import tariffs. We've never had a 100% free market and I don't think that would be a good idea. However the problem is that the free market makes imported goods cheaper and then your local businesses can't compete, not the other way around usually.
Maybe you can elaborate a bit more on what you mean?
As the CEO of a employment agency, I can say that most entry level candidates would be willing to work for any amount just to start getting experience. Most companies will hire the candidates with the most experience and those candidates with no experience usually don’t have a chance to enter the labour market. The ANC’s policies clearly don’t work, there is 30 years of proof.
The problem here is that we have a lack of jobs and a large number of poorly skilled people. It is that simple
As a recruitment consultant, the youth are so desperate for work that they will work a month for free to prove themselves! Some money is better than sitting at home and earning nothing, it’s simple!
We can't aspire for equality by pulling down those that already have, instead we should try and pull up those that are left behind and that's the minimum wage is trying to achieve. To decrease the unemployment rate, the economy has grow that's it. Scraping minimum wage is not the answer
A low paid job is better than no job.
Scrapping the minimum wage has the effect of decreasing the unemployment rate and growing the economy.
@@ProcaviaCapensis-ts8ub that has never been proven to be true. The only way to decrease unemployment is to increase GDP, not to subject people to slave wages
@@olonalugongolo7914 I suggest that you go and research GDP and unemployment rates. They don't always match the way you'd like them to.
The only way to decrease unemployment rates is to employ more people (or if most of your people leave the country like in Zimbabwe).
Making businesses more competitive tends to make them employ more people as they grow. Lower wages is one factor that makes them more competitive. The USA started businesses in the East because labour rates were lower. Can you join the dots ?
Nobody is trying to get rid of the minimum wage. The proposal is to give certain employers and certain job seekers exceptions to the rule. The minimum wage still applies.
@@ProcaviaCapensis-ts8ub reducing the spending power of the population is never a good thing. You will find people working for survival. If people can only afford to buy food and clothes, then who will buy entertainment goods? The non essential goods? What the DA is proposing will drag the economy down, further widening the inequality gap. Look at China they have played this low wage game and now their people can't consume most of the products, leading China to dump those products on the world market
The DA is correct here, there’s no point of having a minimum wage when there’s no demand for labour. It’s the same as connecting people to the electricity grid if there’s no electricity. Give businesses the responsibility and they will invest and in turn create jobs. It really is that simple.
Stop talking rubbish...are you willing to share your job with someone who don't have one ????
Job sharing is common in many many other contries....
Its so nice to agree to this bullshit while you are swimmi g in a pool of money....Are your wife willing to resign so that someone can take her position who got a family to look after????
Don't answer...because I know the answer !!!
Domkop !!!!
Who benefits from R2000 per month, the worker or the employer. That is not enough even to buy electricity never mind transport.
@@shanaazcloete8531 Wow , you must use a lot of electricity. Unlike you , poor people don't have airconditioners , pool pumps , washing machines and other electricity hungry appliances to run.
Would you prefer to earn 2000 p.m. or have a 350 grant ? Trick question: Which can buy the most electricity ?
@@ProcaviaCapensis-ts8ub you sound so ignorant. R2000 is not enough for transport and rent, this minimum wage doesn't just apply to graduates and people with little experience but a considerable amount of the working class. None of those options are feasible.
@@ProcaviaCapensis-ts8ub sahistory online check it out very impartial it will give you the minimum wage in the Apartheid era act .
craziness minimum wage cant win against cheap labor
Their has to be a better solution than capitulating state functions onto big business. BB is not in the charity business - without profit there is no business.
The poor can't afford prices as it is now. How will they be able to afford paying more for business to make profit, with politicians + union bosses demanding to keep on living the good life?
The policy is not applicable to big business. Employers will have to apply to be exempt themselves from minimum wage, and this will apply to small businesses. As a job seeker you have to have been unemployed for 12 months to get the exemption from labour laws, and it is limited in its time period.
The basic minimum wage law has an option for struggling companies to apply for an 'exception".
Most companies will apply for an 'exception'
Sickness.......like pandemic....in the air....😂🤧🥱😇🙄😷
If you allow people to take shortcuts, most people will, we don't live in slavery times where one can treat workers like slaves and just provide enough that they eat and return to work. And most people can afford to pay minimum wage, they just aren't willing to, my wife and i fought on this matter when we first got our live in helper, and she kept saying all the people i know pay helpers between 2-3000,why should i pay more, we can't afford that, and she was wrong but she only saw how inhumane her reasonings where months later when she'd see the conditions of other helpers compared to the one working for us, money changes lives, you would not like it one bit if your company were to cut your salary by half and justify based on economy, most of you might even quit, so why should the little people be dished such, just because they don't have their own voice? Protect our vulnerable because they do so much for us.
WHY WHY MUST EPWP WORKERS EARN APPROC $5 PER DAY IS THIS NOT DISGUSTING.... I ASKED ....IS THIS NOT DISGUSTING UNDER ANT CIRCUMSTANCESS. TALK WONT CHANGE THINGS ONLY ACTION WILL.
21:00 10% cut? I bet they are saying only entrepreneurs & business people must vote for them, not the middle class😅😅😅
Sick and tired if colonialism honestly just .....sickness in the air
Remember what happened when they wanted to raise the minimum wage for domestic workers? The workers started complaining that hours were being cut, and other workers were let go. Cause it was unaffordable for employers
We cannot be worried about foreign domestic workers.
@shanaazcloete8531 since when does local minimum wage laws cover illegal foreigners?
DA - allow people to be coerced in to cheap labour agreements
DA- allow people to get jobs.
DA want to fix the problem with the same mindset as when they created this mess under Apartheid !!!
Why is it they don't suggest a Job Sharing Scheme???
That will put a lot of people in a job....without ripping them off !!!
Don't answer me....we all know the answer !!!!
@@ProcaviaCapensis-ts8ubYes....at a hunger wage...Dis- fucking- gusting !!!
@@truth-Hurts375you have no understanding of economics. A person's labour is as much a commodity as anything else, subjected to supply and demand like any other commodity. This Cosatu guy is an idiot.
@@truth-Hurts375 So you'd prefer to sit at home and collect a 350 handout than actually do any work.
Most people here are ignorant they dont realise DA is scoring a huge political with this nonsense ...unemployed people are not dumb...no one would work for R100 per month...there many factors that cause high unemployment rate and minimum wage is non of them....DA is choosing side of business rather than the people...
Matthew Park’s comparison between South Africa and Scandinavian countries is completely void. Those first world countries focus on Tertiary sectors which can only function due to access to a highly skilled and educated labour force. Demand and supply dictates what you can earn, if you have a scarce skill, like CEO’s, they can do that. Socialist, communists agenda’s don’t work when the country is run by incompetent individuals. Why is no one talking about the issue with education standards in South Africa?
A livable wage is an issue across most industries, law, commerce now even the health space not just laborers, factory workers etc. Because of the oversupply of unemployed graduates' companies are paying pittance because they have the bargaining power to, we have an honors degree and we qualified for the industry we are in, but we are struggling to find internships that pay R5000 meanwhile some of those industries are run by white matriculants particular from the older white generation notably Alan Winde. He clearly stated the law make provision for the smme that cannot afford to pay that minimum wage, the issue is these corporations that make bank but have issues with employees getting paid pittance and the clear hypocrisy of the DA and its funders.
The problem is you dont realise DA is scoring a political own goal...where do you think they will get the votes with this nonsense....you must read the room...CEOs are earning over R100 million per and you complain about people getting R20 per hour yerrrr...1
How many people with little stalls or selling stuff at traffic lights or waste pickers make less than minimum wage ?
Some income is better than no income
If waist pickers get less than the min wage....they get ripped off !!!
Selling tomatos...that is THEIR choise !!!
Dom Doos !!!
@@truth-Hurts375 So you're saying that people should have the right to work for less than minimum wage.
Thank you for proving my point.
What a childish and uneducated response from Matthew from COSATU that the DA hates workers 😂🤣
This is why you give companies tax breaks to hire staff they originally couldn’t offered. Gov’t funds 2k as a stipend, business spends 2k. Business then has 12 months to make it beneficial to employ the individual, if they can’t, their business model is flawed anyways.
Thank you, tax cuts is teh answer. To scrap the minimum wage is slave labour, which the DA likes.
So sick and tired of these communists.
Mathew Parks won this debate by 10-0🤣🤣🤣🤣🤣 ...DA is trying to impressors investors rather than the real voters on the ground...this party doesnt have leader yerrr
During the Apartheid era Whites had a minimum wage, Black people did not have. We see the genesis of the DA the new Np. We know that majority of the minimum wage applies to Black people as we have a estimated of more than 50% that lives below the poverty line.
DA is not even ashamed of trying to keep the Apartheid legacy going.
You're lying , there was no minimum wage during apartheid.
You white so you must be right, unfortunately we have historical records written in the form of legislation. The wage act No 15 of 1977 prior to that we had the minimum wages act of 1925 which is the legislative predecessor of the later act.
@@nehemiahfredericks6464 Get that chip off your shoulder. It's not about being white and right. I was working in the 1980's and was completely unaware of any minimum wage. It wasn't ever mentioned.
I did some research on minimum wages in SA and find no evidence of your claims. The closest I come to it is COSATU fighting for a minimum wage of R50 per month in the 1940's , which they didn't get.
Then I question your research skills and your ability to comprehend because that was actual laws. It was written in Legislation that I just mentioned. The experience of non whites working in that time confirm the legislation since you want to use your anecdotal experiences of working in the 1980. There was a reservation for whites in certain industries and certain jobs, State owned enterprises created jobs to get whites out of poverty, companies were incentivesed to hire white people. What was happening in SA at the time confirms what was written in its laws
DA always scoring OWN GOALS, they need to wake up before it's too late.
You need to wake up before it's too late. The ANC has destroyed everything. Cosatu is complicit in this, supporting the ANC while they rob us all blind.
This is the dumbest thing I’ve heard in a while
All these DA affiliated individuals and organisations which get million of rands for tenders and do a kak job in our townships and pay people below the belt, this is the type of kak DA defends, exploitation.
DA and its cheap labour. If the average salary is R26 000 per month, how can a paltry R4000 be a lot.
R4000 is R3650 more than what you get when you're unemployed.
Scrapping the minimum wage is racist. So you want to pay people R2000 pm? 🚮🚮🚮
The minimum wage applies to all races.
Get rid of that victim mentality.
It's not good for you.
Willing buyer, willing seller. Much better than that undignified R350pm
If minimum wage was winning and stats show 30 million are struggling from poverty and malnutrition then clearly the lack of employment due to high wages is in the end causing far more suffering than joy.
What SA really needs is that fuel levy doing absolutely nothing to go away. Instantly adding value in shops and reducing transport fees. Economic growth and a stronger exchange to counter imports will all make buying power have far more power causing lower general prices.
read the policy. they are not scrapping the minimum wage. Certain job seekers and small businesses can get exemptions to some of the provisions of the labour relations act.
in addition to that it's for a limited time period only.