Tag: fairness

Artificial Intelligence (AI) offers unprecedented opportunities for growth and innovation but also presents significant challenges and risks, especially concerning human rights and corporate governance.

Few business leaders dispute that artificial intelligence (AI) is on course to upend every major market sector and industry, but many boards aren’t always aware of what a successful AI strategy looks like, or how best to prepare their organisations for the change.

Digital innovation offers unique insights throughout the audit process, enabling auditors to offer increased value and efficiency in a demanding economy.

The introduction of artificial intelligence (AI) is a significant part of the digital transformation bringing challenges and changes to the job descriptions among management. A study we conducted shows that integrating AI systems into service teams increases demands imposed on middle management in the financial services field.

The advent of AI reporters, as showcased by platforms such as NewsGPT.ai, has heralded a significant shift in the realm of journalism. As these technologies rise in prominence and capability, journalism schools across the globe are gearing up for a transformation unlike any before.

Auto insurance is leading the charge with the adoption of dynamic pricing, which entails developing policies that are more cost-effective for low-risk customers and using a different premium model for high-risk policyholders. There is significant potential for life and health insurers to capitalise on this momentum and embrace this model within subsets of their product offerings.

It is important to have a clear understanding of what transformational leadership is before we explore the topic. By definition, it is a leadership style that goes beyond traditional management practices which involves inspiring and motivating followers to achieve their full potential, challenging the status quo, and driving meaningful change within the organisation.

In a recent judgment, the Labour Court has confirmed that instituting a claim for unlawful termination may follow an unsuccessful claim for unfair dismissal at the Commission for Conciliation, Mediation and Arbitration (CCMA). However, the principle of Res Judicata still applies where litigants formulate such a claim on the grounds of fairness.

The short answer: if payment of a bonus is a guaranteed right, either in terms of an employee’s contract of employment, an employer’s remuneration or bonus policy, or perhaps an industry regulated Bargaining Council Main Agreement, and the bonus is not dependent on the exercise of any discretion at the instance of the employer or the attainment of individual or company related performance objectives, then...

The problem of inappropriate labelling is not confined to law. It is appearing in the financial services market which should take deliberate steps to resist incorrect labelling, particularly by regulators.