The workplace of the future
We already have an idea of how digitalisation, and above all new technologies like machine learning, big data analytics or IoT, will change companies' business models -- and are already changing them on a wide scale. So now's the time to examine more closely how...
SA leads in international accounting standards adoption
The International Federation of Accountants (IFAC) recently released its 2017 Global Status Report which measures the progress of its members in adopting its international accounting standards. By Professor Rashied Small, executive: education and training at SAIPA...
Be prepared when it comes to retirement tax
As contentious as the issue may be, the reality of life for those retiring or approaching retirement in South Africa is that savings in whatever form, including a retirement fund lump sum and tax-free investments are taxable. But forewarned is forearmed says Gerhard...
Key changes to SA’s labour laws
Rob Cooper, tax expert and director of legislation at Sage, unpacks changes to the labour laws, and outlines how they will affect companies and individuals. Our labour laws are constantly evolving as the South African government seeks to balance stronger protections...
Employees shouldn’t be secondary to technology
"Our employees are our greatest asset" is a phrase that continues to be published far and wide in a plethora of company profiles, human resources sections in annual reports, motivational speeches and so much more. "And while it does sound a whole lot better than a CEO...
Reducing the cost of job hunting
Employers need to make it easier for young people to find jobs. That's the word from Lulaway CEO Jake Willis, who says it costs job seekers about R550 a month in transport and administrative costs to actively search for a job in South Africa. Willis says research[1]...
Employers warned against promotion with improper training
Investing in human capital is necessary to adequately prepare the South African workforce for promotional positions and to fast-track business growth. Yet, according to a 2017 World Economic Forum (WEF) Report titled: The Future of Jobs and Skills in Africa;...
Remuneration committees need independent advisors
Recent reports of shareholders voting against executive remuneration structures have again highlighted the need for increased transparency in the disclosure of not only the amounts paid, but how the amounts were calculated and the link to performance. Many companies...
How HR professionals can prepare for GDPR
There are only two days until the General Data Protection Regulation (GDPR) comes into force, which will govern the levels of protection and privacy for all individuals. It represents one of the biggest shakeups as to how personal data should be handled. By Paul...
Technology puts the ‘resource’ in human resources
The technology terms 'machine learning', 'artificial intelligence (AI)', 'big data' and 'robotics' are being thrown around with increasing ease these days. We've become very comfortable with these technologies, mainly because they are impacting every aspect of life...
Home Affairs clamps down on illegal immigrant employment
It is now a matter of when and not if companies employing foreign nationals will be audited by the Department of Home Affairs (DHA). The arrest of at least 25 illegal foreign nationals at the beginning of May by the Cape Town Police, accompanied by officials from the...
Do’s and don’ts of background screening
Intensive interviewing and background screening are necessities for many companies taking on new employees, as the need to verify a candidate's background and reliability can mean the difference between disaster and success. Today, serious candidates have come to...