Your seven step guide to implementing retrenchments legally
South Africa's economy is struggling to grow.
Earlier this week, Statistics South Africa revealed that the country's Gross Domestic Product (GDP) increased by 0.6% in the second quarter of 2014.
We may have narrowly escaped recession, but the economy remains weak. Companies aren't coping and many are resorting to retrenchment to stay afloat.
If you're one of these companies, it's important that you implement retrenchment in a legal manner.