South Africa - Increase in OID Earnings Threshold Effective 1 March 2023

South Africa - Increase in OID Earnings Threshold Effective 1 March 2023

The Director General of Employment and Labour published Government Gazette 48065 (Notice 1617) increasing the OID earnings threshold as follows:
  • from R529 264 per annum (limit for 2022/2023), 
  • to R563 520 per annum effective 1 March 2023 (limit for 2023/2024).

The OID earnings threshold is the maximum amount of earnings per annum per employee on which an assessment of an employer is calculated in terms of section 83(8) of the Compensation of Occupational Injuries and Diseases Act (COIDA).