Tag: salary
PODCAST | Labour Court provides much needed correction on no-work no-pay...
An interview with Jacques van Wyk, Director, Werksmans Attorneys, and Dr Ivor Blumenthal, CEO, ArkKonsult, discussing an article penned by Bradley Workman-Davies, Director, Werksmans Attorneys, in the August/September edition of BusinessBrief, apropos an important recent judgement in the Johannesburg High Court which has provided some clarity with regard to no-work no-pay during the lockdown.
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.
DISPOSABLE SALARIES CONTINUE TO DECLINE!
"For the first time since the BDSI began in 2013, the average real disposable salaries declined for eight consecutive months in a row on...
DOMESTIC ECONOMY KEPT ALIVE BY PENSION INCREASES
Pensions continue to drive the South African economy while the downward trend for salaries persists, this according to BankservAfrica’s latest Disposable Salary (BDSI) and...
