Circular reference in new tax law
The draft 2014 Taxation Laws Amendment Bill (TLAB) brings with it some important proposed changes to the formula that employers use to calculate the fringe benefit value of their contributions to employees’ defined benefit funds. The TLAB raises the possibility of...
Employees waste time, says survey
Between Facebook and smoking breaks, it’s a wonder any work gets done in South African businesses. In Salary.com’s 2014 Wasting Time at Work Survey, a staggering 89% of employees admitted to wasting time in their work environment. The results show that 62% of respondents waste between 30 to 60 minutes per day, 26% waste two to five hours a day and 4% waste over half-a-day on non-work related tasks.
Stand out with optimised WFM
In a market in which business success hinges on acquiring the right service from the right provider at the right time, competitive advantage means everything. Service providers focused on technology to streamline business management processes believe the area of...
Prepare now for retirement
One of the more pertinent topics to emerge during the recent National Payroll Week was Retirement Reform and the fact that changes impacting retirement fund management were announced in 2013 and come into effect on 01 March 2015. Despite this forewarning, there are...
Payroll admin is critical to business
Every day payroll administrators handle large volumes of data and apply meticulous attention to handling company information in order to successfully complete processes and procedures.
Employment Tax Incentive under threat
The 2014 Taxation Laws Amendment Bill (TLAB) includes a proposed change that may burden companies that are taking advantage of the youth Employment Tax Incentive (ETI) with more administration. It could harm the uptake of this excellent scheme among South African...
Productivity drives ICT procurement
A genuine belief that technology can boost productivity is driving the increase in volume and size of investment in ICT. This is the view of experts focused on the human capital management (HCM) area who say that today decision makers have a plethora of...
People management tested in tough economy
In difficult economic conditions, a company’s ability to deal effectively with issues such as staff retrenchment, down-sizing and redundancy could mean the difference between survival and failure. There are HR and recruitment experts who believe South African...
User experience key for tech adoption
Did you notice that your eagerly awaited new smartphone didn't come with a manual? You simply picked it up and immediately began using its features with delight, making it one of the most important work tools at your disposal and something you simply can't survive...
Avoiding the high cost of human error
Companies, small and large, are potentially losing millions of rands to human error, or employee misunderstanding, by its more diplomatic name, says Mark Robson, executive director and co-founder of PRP Solutions. This is defined as actions by employees who have...
Datacentrix enhances recruitment offering
Datacentrix, a provider of high performing and secure ICT solutions, has revamped its specialist recruitment function, not only renaming the business unit Managed Talent Solutions to better describe its offerings, but also extending the services offered within this...
Measuring the return from a work week
The question of how many hours a person should work per week, while covered by the Basic Conditions of Employment legislation, is more of a subjective issue. In practice, it is often down to a matter of passion, of feeling valued and recognised, and of mental approach...