- Small companies will be hit hardest by next month's B-BBEE code changes
- Businesses around the country are scrambling to make sure they're not too seriously affected by the new Broad-Based Black Economic Empowerment codes that come into effect in May.
But business analysts are worried...
Especially for small businesses.
They say that the amended BEE Codes of Good Practice have moved the goalposts for business. By placing more emphasis on direct black owners... ››› more
- [14 April 2015]
- Structuring your succession plan to cater for BEE - what you need to know
- Every company needs to plan for the inevitable: Losing a key employee who's vital to company's success.
But here in South Africa, succession planning is a little more tricky.
After all, not only do you need to have a plan in place in case an employee resigns, you also have Broad-Based Black Economic Empowerment (B-BBEE) requirements to fulfil.
Helen Zille's resignation from the DA over... ››› more
- [13 April 2015]
- To continue to thrive in business, make sure your company is still B-BBEE compliant come the end of the month
- Although complying with the BBEE Act and codes is a voluntary matter, there are many benefits that come with doing so.
In fact, experts warn that if you want your business to thrive, adhering to the B-BBEE Act is vital.
And that's something bidders for the Gauteng government's recent advertising tender are very aware of.
This after, out of the 12 companies who put in bids, five were ins... ››› more
- [09 April 2015]
- Racism or BEE? Cricket SA finds itself in hot water over this topic once again
- Cricket South Africa's (CSA) quota system has always been a hotly contested issue. And now it's heating up even more.
This after AfriForum yesterday requested its legal team to submit a formal complaint to the International Cricket Council (ICC) as a 'result of the race prescriptions that were laid down by CSA for the composition of the Proteas team for its semi-final during the recent Cricket... ››› more
- [02 April 2015]
- Confused about the new B-BBEE codes? SA's mines are too!
- The amended B-BEEE codes come into effect on the 1st of May 2015. And they're causing many a business owner headaches.
This because the new codes work out your company's BEE levels differently and that means the BEE rating you used to have is likely to change.
You're not the only one sweating bullets about how this will affect your business.
News just in reveals that the mining industry... ››› more
- [01 April 2015]
- EMPLOYMENT EQUITY ACT, 1998 (ACT 55 OF 1998 AS AMENDED)
- Downloaded from www.labour.gov.za EMPLOYMENT EQUITY ACT, 1998 (ACT 55 OF 1998 AS AMENDED) EMPLOYMENT EQUITY REGULATIONS, 2014 I, Mildred Nelisiwe Oliphant, Minister of Labour, hereby under section 55(1) of the Employment Equity Act, 1998 (Act 55 of 1998 as amended), make the regulations in the schedule. Arrangement of Regulations
1. Definitions SCHEDULE Definitions Work of Equal Value
2. Equal P... ››› more
- [27 March 2015]
- Apply these five measures when preparing for a DoL inspection
- To avoid the possible fines and avoid any other risks during a Department of Labour (DoL) inspection, apply the following five rules and stick to them.
Apply these five measures when preparing for a DoL inspection
To avoid the possible fines and avoid any other risks during a Department of Labour (DoL) inspection, apply the following five rules and stick to them.
Use these measures... ››› more
- [25 March 2015]
- You're next on the DoL inspector's hit list! Here are 4 steps to avoid receiving hefty penalties from him...
- Our Employment Equity expert, Janine Nieuwoudt, has just informed me of the number of clients who've been hit with hefty penalties from the Department of Labour inspectors.
The Department of labour inspector comes to check if you're complying with the BCEA, EEA, LRA and COID.
One of the reasons for these penalties is many employers don't know how to prepare for labour law inspections.
... ››› more
- [09 March 2015]
- Use these four tips to avoid unfairly discriminating against employees or you could be liable for fines of up to R2.7 million
- There are many grounds like disability, obesity, qualifications and union membership you can't unfairly discriminate against employees on (Section 6 of the Employment Equity Act.)
If you do, the DoL could charge you fines of up to R2.7 million or 10% of your turnover per incident.
Use these four tips to avoid unfair discrimination against employees so you can comply with the EE Act and avoid... ››› more
- [04 March 2015]
- The Employment Services regulations are soon to be published
- Breaking news: The Employment Services Bill and Employment Services regulations are soon to be published. More precisely, as Labour Minister Mildred Olifant announced, the regulations will be published as soon as they have been ratified. Here's what this means.
After the Labour Relations Amendment Bill, the Basic Conditions of Employment Amendment Bill and the Employment Equity Amendment Bill, T... ››› more
- [24 February 2015]
- Six areas you must address in your company if you want to comply with the amended EE Act
- Now that changes to the Employment Equity Act (EE Act) are in place, you must comply with them.
If you don't, the DoL will charge you fines of up to R2.7 million or 10% of your turnover.
So what can you do to avoid the wrath of the DoL?
We recommend you develop action plans that address these six areas in your workplace to comply with the EE Act and avoid crippling fines.
Here's how..... ››› more
- [19 February 2015]
- The Amended Employment Equity Act. Current definition of labour brokers and important changes
- While keeping in mind that when it comes about temporary employment service, we deal with the labour broker, the worker and the client, we consider it important to specify that major changes have been made to the emplyment equity act by the insertion of new sub-sections (4A), (4B), (4C), and (4E) and the new section 198A. Do note that sub-section (4F) which deals with the registration of labour br... ››› more
- [18 February 2015]