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What does the new Employee Tax Incentive Bill mean for your business?
Unemployment is a big problem in South Africa. So it's no wonder that government has finally stepped in to reverse the high levels that affect the youth. How? By making sure its new Employee Tax Incentive Bill comes into effect. And it will, the minute 2014 ushers in. Here's what you need to know [read more...]Research finds that absenteeism is the reason South Africa's losing its competitive edge
New research has found that South Africa's losing its competitive edge. And it's all thanks to absenteeism. That's just the tip of the tip of the iceberg. There are other worrying trends when it comes to sick leave abuse in the workplace. Here are the details of the study... [read more...]New B-BBEE codes unveiled! Find out what this means for your business...
Trade and Industry Minister Rob Davies has unveiled the new Broad-Based Black Economic Empowerment (B-BBEE) codes of good practice. Davies announced the new codes yesterday at the B-BBEE summit in Midrand. Reports suggest the codes will be published in the Government Gazette on October 11. Read on [read more...]by FSP Business Team, 13 May 2013 |
Should your company find itself in the same situation, it's important your company's retrenchment process is procedurally fair. Read on to discover what your employee's notice of retrenchment letter should contain to avoid landing at the Labour Court defending a costly retrenchment case.
You need to have a good reason to retrench and send your employees retrenchment letters. If you don't, your employees can take you to the Labour Court. And this means 'you could be ordered to reinstate them, with or without back pay, or to pay them compensation,' warns the Labour Law for Managers Loose Leaf Service.
That's why it's important that your employee's notice of retrenchment letter contains all the necessary requirements set out by the Labour Relations Act (LRA).
But, do you know what these are?
Here's a checklist for the notice of retrenchment letter
By ensuring your employee's notice of retrenchment letter has all the necessary requirements you'll avoid landing at the Labour Court for retrenching unfairly.
I work for a contracting company contracted to a mine. We were allowed to use the mines corporte work permits for our foreign workers, but the mine has now cancelled that agreement. This meant that our foreign worker ... [see the answer]