Tag: Arlene Leggat
The importance of payroll in an organisation
National Payroll Week is celebrated from 31 August to 4 September 2020, in South Africa. Payroll week is aimed to highlight the amount and complexity of the work performed by payroll professionals.
Mistakes that are being made on the files submitted to TERS
To date, the Unemployment Insurance Fund’s Temporary Employee Relief Scheme (TERS) has paid over R15,7-billion to 2,288,295 in its COVID-19 relief payments. Many employers, however, are still having their applications rejected. Small, seemingly insignificant discrepancies in submissions are seen as mistakes and will lead to the submission being rejected.
Payroll’s role in protecting personal information
Payroll practitioners have access to vast amounts of personal, financial and health-related information of staff. The impact of European Data Protection Regulation (GDPR) and the Protection of Personal Information Bill falls on payroll in terms of action and accountability.
How the Joint Proposal on payroll deductions affects your payroll
The South African Reserve Bank and National Treasury have become aware of an increase in payroll deductions in recent years. Stakeholders were engaged to create a regulatory framework to govern payroll deductions and the resulting proposal has led to three very limited options on how companies can govern employees’ payroll deductions.
How NHI will affect your pay and the payroll department
President Cyril Ramaphosa says that all South Africans will be covered by the National Health Insurance (NHI) by 2025, but there is still little clarity as to how the NHI will be funded.
What employees need to know about overtime compensation
Working time including overtime is regulated by the Basic Conditions of Employment Act, but many workers are not familiar with the technicalities of these laws and many employers do not adhere to the rules.
