Tag: work experience

South Africa’s youth unemployment rate stands at an alarming 44.6% for individuals aged 15-34. This sobering statistic reflects challenges such as limited work experience, educational gaps and economic hurdles.

In a significant move to strengthen the integrity of the Employment Tax Incentive (ETI) scheme, the government has proposed amendments to Sections 1(1) and 5(3) of the Employment Tax Incentive Act, No. 26 of 2013. The ETI, introduced in 2013, aims to encourage employers to hire young job seekers by reducing the cost of employment through a government-supported cost-sharing mechanism.

Skills development in the form of learnerships is an essential element of the Broad-Based Black Economic Empowerment (B-BBEE) scorecard, accounting for a significant portion of the score for large enterprises in particular. However, not all businesses have the capacity, availability, or ability to take on sufficient learners to meet their obligations.

When it comes to job hunting, social media can be a double-edged sword. For young people who have graduated or who are looking for employment, there’s no doubt that having an online presence is important; some might even say critical. Not only can social media be a valuable tool in helping you discover career opportunities, it can “also assist in your own personal and professional brand-building.”

Over the past couple of years, implementation of automation in business, along with measured adoption of artificial intelligence (AI), has given businesses in the service industry the ability to enhance their workforce and their operations. This is because automation can take over many of the manual, admin-heavy tasks that can be very time-consuming for a workforce - particularly valuable in field service management (FSM) where there are many moving parts.

For those on the job hunt, your Curriculum Vitae (CV) is more than just a document. It represents a ticket to your next career milestone. However, even the most experienced professionals can stumble when it comes to preparing or updating their CVs.

The World Health Organisation (WHO) estimates that one in six people globally experience a significant disability. Worryingly, many of these individuals continue to suffer unmet health needs – especially those living in developing countries such as South Africa, and particularly in impoverished and rural areas.

Companies sponsoring learnerships are looking beyond profit towards a better future. Business success is not only about profit margins and market share - it is also about positively impacting society and contributing to the growth of future leaders.

As the Matric Class of 2023 nears the conclusion of their school career, a few of these learners will recognise Broad-Based Black Economic Empowerment (B-BBEE) as a section in business studies. However, B-BBEE – and how companies decide to implement their skills development initiatives – may be the defining factor that determines some of these young people’s career prospects and future.

In today's dynamic and evolving business landscape, the concept of retirement is undergoing a profound transformation. The traditional notion of leaving the workforce at a certain age and entering a state of relaxation is being replaced by the exciting concept of "unretirement”.