Human Resource departments often get inundated by applications whenever they advertise for a new or vacant position to be filled. With a horde of candidates to choose from, it is no longer just about finding the individual with the right skillset. Along with the digitisation of the modern workforce, as well as the adoption of […]
Pay scales, also called salary structures, are remuneration tools used to determine how much employees will earn in their allocated positions within a workforce. By drawing up a comparison based on an individual’s job title, skills, experience and education, a pay scale can be designed to track an employee’s progress within an organisation.
The effects of remote working, as well as the adoption of digital platforms in the workplace, have turned human resources and payroll departments upside-down. While debatable whether these will have a positive or negative long-term influence, it gave rise to flexible timeframes and flexible working environments.
On 1 October 2021, the government released the Draft Companies Amendment Bill, 2021, for public comment, after which it will be gazetted and form part of legislation.
Because of digital advances, in part fuelled by worldwide lockdowns and social distancing, there are many professions that no longer require staff to be permanently office-bound.
Adding to the challenges of 2020, the South African Revenue Services (SARS) announced that it did not make its annual budget.
We look at how travel allowances work, which method of calculation is best, and also provide a heads-up of how to manage the unforeseen consequences of the COVID-19 pandemic.
“When it comes to employee tax, a little training goes a long way towards restoring productivity,” says Tanya Tosen, Tax and Remuneration Specialist at Remuneration Consultants.
“As COVID-19 continues to impact the economy, organisations are asking how they can structure employee remuneration packages optimally and more tax efficiently,” says Tanya Tosen, Tax and Remuneration Specialist at Remuneration Consultants.
In a COVID-stricken economy, employee motivation and productivity are being hampered by salary cuts and reduced working hours.
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