"Those boxes at the back of the garage marked Accounting Records: ABC CC 1995...can I thow them away?"
How long do you need to keep those dust filed, moth eaten records that one has ever or will ever look at?
A slowing economy can make retrenchment an unpleasant reality for employers. The problem is that many employers fail to follow the complex consultation process required by the Labour Relations Act. Instead, they reach a unilateral and final decision and then break the bad news to the affected employees. Doing things the wrong way can only increase your financial pain!
Today is the beginning of the rest of your life – it is also the end of your past, a chance to start fresh. This applies as much to your financial governance, your tax affairs, and indeed your life.
The concept behind the CV is simple isn’t it? It’s not like the Theory of Relativity or long division or trying to explain the offside rule in football to your girlfriend. So if it’s so simple why do CVs come in an infinite number of shapes, sizes and forms? Part of the problem is that there is no single definition of what is the definitive CV.Employers register with SARS and submit their EMP201. They do not however update their details with the Department of Labour. For employers with a stable workforce this is an irregular requirement which often gets overlooked.
As an employer, a Restraint of Trade Agreement is a key element in protecting your organisation. Care should however be exercised in composing these restraints to avoid these being rendered ineffective
Marie Glennie describes the BEE market as series of cycles of transformation.
The first cycle being the "quick fix" where companies randomly sought black partners to gain contracts. Newly formed BEE groups entered the market and pursued almost every opportunity available. In a similar vain, white businesses had one goal - find a black partner to fund the deal or secure the contract.
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