Basic Employment Benefits
SANBI has adopted the Conditions of Service as laid down in the Public Service Management Framework. The basic benefits are the following:
LeaveAs specified by Public Service. Full time employees are entitled to 22 working days of vacation leave per annum. After 10 years of service this is increased to 26 days per annum. Sick leave, study leave and various other leave categories are also allowed for in accordance with the regulations. Contract employees qualify for vacation leave and sick leave benefits.
A bonus based on the basic monthly salary is payable each year in the month of your birth date for as long as the scheme is in force in the Public Service. During the first year of employment, a pro-rata bonus may apply, depending on the date of birth of the candidate
Membership of the Pension Fund and Provident Fund
" New employees automatically become members of the Pension Fund and Provident Fund, including all full-time and five-eights permanent employees (as well as employees on probation). Contract employees are not eligible to join the Funds.
" SANBI has its own registered Pension Fund and Provident Fund. Employees' contribute 7.5% of basic salary and on the annual service bonus. This is matched by SANBI.
" Members of the Pension and Provident Funds also have a life assurance benefit equal to a multiple of the pensionable salary, determined according to the age-related scale as well as family funeral benefit cover. There is also a managed disability benefit. SANBI pays for the administration of the Funds, as well as for the insurance premiums of the aforementioned benefits.
You may be eligible for a 100% home loan after the successful completion of the required period of service.
Home Owner’s Allowance
A homeowner’s allowance is payable immediately upon compliance with certain conditions / requirements and this allowance may fluctuate and will be adjusted accordingly as advised by the Department of Public Service and Administration. This benefit is at present a maximum of R 403.00 p.m. on a registered bond of R 70 000 or more.
Membership of a medical aid scheme is voluntary. The Employee Salaries and Benefits Department should be contacted for more details regarding the various schemes available. The contribution is subsidised by two-thirds of the contribution to a maximum of R1014,00