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Finance
What is the advantage to outsourcing executive payrolls?

What is the advantage to outsourcing executive payrolls?

Complying with legislation that governs director’s PAYE for executive payroll is a complex undertaking and it makes business sense to outsource this function – including being able to leverage expertise to tick all the governance…

Finance
Why salaried workers are feeling the impact of slow economic growth

Why salaried workers are feeling the impact of slow economic growth

September’s real disposable take-home income declined for the first time in seven months on a year-on-year basis, according to the latest BankservAfrica Disposable Salary Index (BDSI). This is due to the higher rate of inflation,…

Finance
4 tips on how to ace salary negotiations and get paid what you’re worth

4 tips on how to ace salary negotiations and get paid what you’re worth

The words “salary negotiation” can dry the mouth of the most confident person, but renegotiating your package with your existing boss or coming to an agreement with a new employer needn’t be terrifying. If you…

Finance
9 ways to get your employees out of debt

9 ways to get your employees out of debt

If you care about your employees’ wellness, you should also care about their financial wellbeing. Debt and financial problems can affect productivity, so it also makes business sense to take these matters seriously. South Africans…

Finance
Gainsharing versus share participation

Gainsharing versus share participation

It would be advisable to take a fresh look at the gainsharing option to enhance productivity. We review the arguments and the debate affecting how organisations decide to achieve ’employee involvement’ in SA – learning…

Finance
How transparent are you about your total reward?

How transparent are you about your total reward?

Transparency about reward is fine … so long as it applies to others. Organisations often ask me, “How much should we share with employees regarding remuneration?” At lectures and conferences where I have unfettered access…

Finance
Money alone just doesn’t cut it anymore

Money alone just doesn’t cut it anymore

Salary, benefits and a great bonus are no longer enough to keep a top employee. It is no longer enough for a manager to think that by giving an employee a salary increase every year…

Finance
Minimum wages come at a price

Minimum wages come at a price

We need evidence-based and not sentiment-based decisions regarding minimum wages. The debate about minimum wages rages on with maximum political point scoring and minimum thought going into it. Minimum wages are a bad way to…

Finance
Paying for employee income disability benefit never received

Paying for employee income disability benefit never received

If you have not changed your employee benefits since 01 March 2015, you are paying too much! A group income disability benefit is one of the core employee benefits provided by most South African employers.…

Finance
How to minimise the impact of wage overpayments

How to minimise the impact of wage overpayments

Wage overpayments can have a significant impact on the corporate bottom line, employee and business taxation, and also employee relations. It is a complex issue which requires that payroll management and HR work together to ensure…