BusinessTech.co.za reports that the Department of Employment and Labour recently amended the Employment Equity regulations to include an updated EEA4 form applicable to ‘designated employers’.
The objective of the EEA4 form is to collect information for the assessment of the remuneration gap between the highest-paid and lowest-paid employees and at the same time assess inequalities in remuneration in relation to race and gender in the various occupational levels.
The EEA4 income differentials report now requires that employers average the earnings of the top 10% of their workforce, the average of the earnings of the bottom 10% of their workforce, and then calculate the multiple difference between the two.
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