HCI's chairman has been suspended for gross misconduct! Read on to discover how preventative suspension works
Investment holding company, Hosken Consolidated Investments (HCI) has suspended its executive chairman, Marcel Golding, pending a disciplinary enquiry into allegations of serious misconduct, Money Web reports.
It's not clear what the nature of the misconduct is, but disciplinary proceedings are set to start on Monday, 27 October.
Following his suspension, Golding, a respected businessman and CEO of free-to-air broadcaster e.tv, has launched proceedings to stop his suspension and inquiry.
While you await the outcome of this saga, take the time to find out how preventative suspension works so you'll know what to do if one of your employees commits a similar crime.
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Here's what you need to know about preventative or precautionary suspension
Let's say, you find your employee has committed misconduct, but you're afraid he may interfere with your investigation or tamper with evidence.
This is when you'd use preventative or precautionary suspension against him before you hold his disciplinary hearing.
The three things you must keep in mind about preventative suspension
The suspension isn't a disciplinary measure;
You still need to pay your employee while he's suspended; and
There's no maximum period for this type of suspension. It depends on the time period you need to conduct the investigation or enquiry.
It's also important to bear in mind that in the past, the Labour Court said suspension is like arrest. This because it negatively affects your employee's reputation.
So, if you decide to suspend your employee, ensure you have valid reasons to do so and follow the correct procedure.
Now that you know how preventative suspension works, check out the Labour Law for Managers Loose Leaf Service
to find out how to legally suspend an employee.