Being a young South African right now isn’t easy: youth unemployment is at its highest ever at 58.2%, and more than 30% of people between 15 and 24 and 46% between 25 and 34 are not in any form of employment, education or training. Even worse is that it’s actually costing these young people money to try and change that: research by the University of Johannesburg shows that they spend nearly R1 000 a month looking for work.
On 1 February 2020, the South African Revenue Service (SARS) released an exciting media statement, indicating that the revenue authority has embarked on a journey to reinvent SARS.
It has been almost a year since Old Mutual (OM) terminated the employment of its former CEO, Mr Peter Mthandazo Moyo (Moyo). After investigating an alleged conflict of interest that involved Moyo and another corporate entity, OM chose to terminate Moyo’s employment without holding a disciplinary hearing.
Section 187(1)(c) of the Labour Relations Act 66 of 1995 (LRA) provides that it will be automatically unfair to dismiss a group of employees if they refuse to accept a demand in respect of any matter of mutual interest between such employees and the employer.
The Institute of Risk Management South Africa (IRMSA) has launched its sixth annual risk report, the IRMSA Risk Report South Africa Risks 2020.
According to the Bureau of Labor Statistics, workers in America spend 8 hours and 30 minutes per workday at work. However, one other research shows that they spend only 2 hours and 53 minutes of that time actually focused on work — and, a lack of work structure and an excess of work distractions are cited as one of the main culprits for wasted time.
Despite today’s report that showed the official unemployment rate steady at 29.1% in the fourth quarter of 2019, South Africa’s largest employment services group predicted that employment numbers would likely continue to rise in 2020.
Leading a business toward success can be a major challenge. Leadership as a trait that every business owner and manager should possess, but can be quite fluid. The main reason is that the market environment is prone to sudden and common changes.
There can be no doubt that today’s working environments are both complex and demanding. Fuelled by our increasing appetite for innovation, our reliance on digital solutions, coupled with the fast paced and disruptive nature of global business, everyone is under constant pressure to produce – and quickly.
The best employees are 100% participatory into their jobs. They do not remain quiet and reclusive during their most important moments at work. They are able to form teams on their own and enjoy suggesting ideas to improve the company. So take an active role in making your employees feel welcome and appreciated at work.
In an effort to support a healthier and more productive workforce, employers increasing spend on well-intentioned wellness programs such as onsite gyms and standing desks.
On 1 February 2020, SARS released an exciting media statement, indicating that the revenue authority has embarked on a journey to reinvent SARS.