Tag: employee benefits
VAT hike – holistic employee support vital
The South African government has concluded its 2025 budget deliberations. It announced a Value Added Tax (VAT) increase of 0.5% from May 2025. It also announced a possible further 0.5% hike by April 2026. These increases are part of measures to address the growing budget deficit.
Employee disability benefit claims – employer responsibilities and benefit options
Employee benefits such as a retirement fund, healthcare insurance, medical scheme membership, group life and disability benefits are pre-negotiated and agreed upon as part of the employment process and contracting. Typically, these benefits remain in place until the employee-employer relationship concludes through resignation, dismissal, retrenchment, retirement or death.
Efficient global payroll services for international businesses
Expanding operations across borders is becoming the norm in the modern business landscape, but with this expansion comes the challenge of managing payroll on a global scale. It’s a complex and crucial task that involves navigating diverse regulations, juggling multiple currencies and ensuring accurate payments to employees worldwide.
Mental health insights from claims data
As the world begins to put COVID-19’s high mortality claims behind it, the insurance industry is battling a wave of uncertainty.
While we paid a...
Navigating medical aid – a comprehensive guide to making informed choices
Affordability is a prime concern for many when it comes to choosing the right medical aid plan. Medical inflation consistently outpaces general inflation, so year after year employees need to balance coverage and cost.
Optimising employee benefits for a multi-generational workforce
Different life stages mean employees have different needs which require focused attention. Most companies in SA are feeling the pinch of a skills shortage. In the battle for talent, optimising benefits is an important lever that many organisations can do more with.
‘Out-of-the-box’ thinking for employee benefits could ultimately improve retention and employee...
As the world shifts into a post-pandemic reality, companies are having to contend with immense changes that are redefining relationships with employees.
Future of Work? New trends in Partnership Connect Report
A need for flexibility at work, employee benefits, the effects of the great resignation on organisations, the increased role of technology and a shift to a gig economy are some of the trends that were discussed at our Corporate’s Partnership Connect 2022 event in Rosebank.
How payroll data is an important tool for the future
When one thinks of remuneration data, one tends to think of payroll data specifically. This article aims to broaden thinking about a bigger pool of data that could be a critical strategic tool for people managers and business leaders in the future.
Gap cover – an employee benefit that makes a real difference
Benefits are an important part of attracting and retaining talent for corporates, and these offerings can often be a point of differentiation. As such, many businesses have started to offer Employee Assistance Programmes (EAP) to cater to physical, financial and mental health, along with the more common medical aid, pension and provident funds.
