Entries by Remunerationconsultants

NEWS | FLEXIBLE BENEFITS: HOW CAN EMPLOYERS ATTRACT AND RETAIN TOP TALENT DURING TOUGH TIMES

Employers are constantly fighting the battle to contain salary expenses to ensure the business still report profits to shareholders, while reducing the risk of permanently shutting their doors. The reality of today’s tough economic times is often a choice between preserving a job versus rightfully demanded increases. Employee increases are few and far between, and […]

NEWS | PAYROLL AUDIT: SARS CHANGES ITS TACTICS

In 2019 we have witnessed the new permanently appointed Commissioner of the South African Revenue Service, so it takes little guess work to know that tax collection will become a key fiscal driver, and any offenders found guilty of non-compliance will be dealt with strictly, with the levying harsh penalties and interest being the preferred […]

NEWS | RETRENCHMENT MISTAKES EMPLOYERS MUST AVOID

When their market shrinks, especially in a struggling economy, companies must find ways to reduce their operational costs, and retrenchment may become an unavoidable option. It’s an unfortunate but sometimes necessary decision that can traumatise both dismissed employees and remaining staff, leaving psychological scars long afterwards.

NEWS | BE READY FOR SARS’ KNOCK ON YOUR DOOR

SARS vs Salaries The tough economic playground in South Africa has seen struggling business owners scraping their last pennies together to keep their businesses afloat for a number of years now. Out of sheer desperation and due to stretched cash flow problems, some business owners have been faced with the decision of rather paying their […]