Term

Definition

Skills Development

Act/SDA

The main aim of this Act is to improve the skill levels of people who are already employed in the business.

Skills Development

Levy/SDL

It was introduced to ensure that businesses contribute to the development of skills of employees.

PDI’s

Previously Disadvantaged Individuals or designated group.

SETA’s

SETA’s were established in order to implement and monitor the implementation of the Skills Development Act.

Labour     Relations

Act/LRA

This Act was introduced to promote simple procedures for the resolution of labour disputes in the workplace.

Collective bargaining 

Negotiations between employers’ association and trade unions on matters such as wages/conditions of employment. 

Collective agreement 

Agreement between the employer organisations and trade unions.

Dispute

A disagreement between the employer and the employee 

Bargain councils

It is formed by registered trade unions and employer organisations in order to prevent/resolve labour disputes. 

Employment Equity

Act/EEA

The main aim of this Act is to ensure that equal job opportunities are given to all people regardless of race/culture/language/age/religion/disability etc.

Affirmative Action

It was designed to ensure that suitable and qualified previously disadvantaged individuals are given equal job opportunities.

Affirmative action forms part of the Employment Equity Act.

Basic Conditions of

Employment

Act/BCEA

This Act sets the minimum standard for employment in order to promote fair labour practice.

Compensation    for

Occupational Injuries and Diseases 

The Act gives employees who are injured or contract diseases while on duty the right to claim compensation.

Act/COIDA

Broad-Based Black

Economic

Empowerment

The Act was introduced in order to ensure full economic participation of previously disadvantaged individuals. 

National Credit Act

This Act was introduced to protect consumers against unfair and reckless credit granting by businesses.

Credit providers 

All businesses that offer goods and services on credit 

National      credit

Regulator/NCR 

The NCR is responsible for the regulation of the South African credit industry. This means that all businesses that offer good and services on credit must be registered with the NCR. 

Debt review/ Debt counselling 

This is a debt solution targeted at South African consumers who are over indebted and struggling to manage their finances. 

Consumer               Protection

Act

The main aim of this Act is to promote/protect the economic interests of consumers by providing them information so that they make informed choices. 

Compliance 

Acting according to a set of rules

Penalties 

Punishment for doing something that is against a law.

Discriminatory actions 

Treating a person/people differently, from the way in which you treat other people.