Compliance: a complex constraint

Payroll compliance in the South African market is complex and demanding. Organisations must obey the rules to ensure they don’t face unexpected fines, lose essential funds or suffer reputational damage. Personnel business practices must adhere to the law, paperwork...

Time is money – stop wasting it in meetings

According to a survey of time use conducted by Stats SA, South Africans spend roughly 121 minutes per day participating in meetings, which amounts to over 10 hours a week – a quarter of the average 40 hour work week. This wouldn’t be a problem if all these hours spent...

Payroll must help employees beat the downgrade

The recent downgrade of South African government debt increases economic uncertainty, with unpredictable effects. “While many of the outcomes of the downgrade have been surprising, one thing is clear: government debt is going to be more expensive. That will almost...

Pension fund investment key to equality

Romeo Makhubela, CEO at Novare Actuaries & Consultants, shares his thoughts on the important role that pension fund provisions play in economic development and the importance of long-term saving investments for South Africans. As the cog that keeps the economy...

Prevent upheaval from damaging employee engagement

Employee engagement is a buzzword. Everybody knows it. However, few people know that employee engagement means money. Research shows that companies in the US with engaged employees can outperform those without by up to 202% and have 6% higher net profit margins. And,...

Lifelong learning now the master of all skills

Many of the jobs that this year’s first-year accounting and medical students will be doing by the time they finish their studies don’t yet exist, while many conventional professional roles will have disappeared or changed beyond recognition. This means...