Is South Africa headed down a road of jobless growth where a capital-intensive economy is incompatible with a labour-intensive need? According to an International Labour Organisation (ILO) report reviewed in Forbes Magazine, 11 August 2017, there are about 71 million unemployed 15 to 24-year-olds around the globe, many of them facing long-term unemployment. This is close to a historic peak of 13%.
In order to optomise the corrective effect of discipline it needs to be implemented as swiftly as possible. This does not mean that the disciplinary process must be carried out hastily. It does mean that, psychologically and legally, unnecessary delays must be avoided.
Read our exclusive cover story entitled THE FUTURE OF JOBS? | ...OR UNEMPLOYMENT AND THE BASIC GLOBAL WAGE by Dr Ivor Blumenthal, CEO, ArkKonsult, as well a host of other topical management articles written by professionals, consultants and academics in the June/July 2018 edition of BusinessBrief.
In the real world of economic consequences, the NMW is set to harm a great many unfortunates who currently earn incomes that are well below the NMW. The NMW will cause many to lose their jobs and make it even more difficult for the 9.48 million unemployed to access jobs.
There is a common perception of an unnecessary large gap between C-suite pay and general staff pay and that this gap is widening every year. It is important to explore what drives these perceptions whether they are based on fact or in fact myths.
The Department of Home Affairs has warned that they will be increasing the number of audits and investigations among South African companies that employ foreign nationals. This isn’t an empty threat and they are clamping down on foreign nationals who contravene the act as well as employers who are illegally employing foreigners.
The Labour Court delivered its judgment in the matter of SATAWU and Others v Sihlangene Security & Cleaning CC and Another, whereby the court showed its displeasure for a complete absence of prior procedure followed when dismissing employees. This judgment offers a stern reminder to employers to ensure that dismissals are effected not only for a fair reason, but also in accordance with a fair procedure. Failure to do so may result in a hefty compensation award coupled with a cost order.
2018 Deloitte Human Capital Trends Report - The South African country report is a companion to the Deloitte Global Human Capital Trends 2018 report, which is one of the largest of its kind in the world. Over 11,000 executives from 124 countries participated in the global survey, including 354 South African business and HR leaders.