Tuesday, 15 March 2016 14:30

Overstrand Building Industry compliance at all time high

Since its entry into the Overstrand three years ago, there has been a consistent and exponential increase in the building industry's compliance every year, with record payouts at the end of 2015. "It is very encouraging to see that an increasing number of people involved in the building industry in the region realise the value to themselves as well as their peers, and the industry as a whole, of being compliant," says Ronel Sheehan, Secretary of the Building Industry Bargaining Council, Cape of Good Hope.

Sheehan says although there are still a handful of industry players who choose to operate their businesses outside of the law, the trend of massively increasing compliance is a very positive sign.

  • The number of employees receiving Leave and Bonus pay-outs increased by almost 31% from 1 185 at the end of 2014, to 1 555 at the end of last year.
  • The number of employers contributing to these payouts increased by more than 30% during the same period.
  • The primary focus of compliance is to ensure that conditions as laid down in the Collective Agreement, in accordance with the Labour Relations Act, are adhered to.
  • All building and building related contractors, such as plumbers and painters, are legally required to comply with the BIBC's Collective Agreement within their area of jurisdiction.
  • BIBC administers several employee benefit funds on behalf of the industry, thereby alleviating the administrative burden on employers.