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Employee Benefits

Don’t interfere with your employees’ benefits unnecessarily

Last week, we heard from Aadil Patel, from Cliffe Dekker Hofmeyr, who cleared up the murky area of what the definition of an employee benefit actually is. This week, I’m going to look at a number of cases where employees have taken their employers to the CCMA for “unfair provision of benefits”.

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The benefits saga: Has it finally been resolved?

The definition of a “benefit” in s186(2)(a) of the Labour Relations Act, No 66  of 1995 (LRA), has plagued our courts since the LRA was promulgated in 1995.

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How to improve financial literacy to enhance your employees’ lives

 

Around 65 years ago, George Bernard Shaw pointed out: “The single biggest problem with communication is the illusion that it has taken place.”

Yet even today, in the era of information overload, we still don’t get it!

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The road towards financial freedom at retirement

An average of 6% of South Africans can successfully retire on the money saved during their working life without drastically comprising their quality of life at retirement. These shocking statistics have made the National Treasury propose some changes to retirement reform.

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Companies pay bonuses despite tough markets

End-of-year bonuses are on the cards, for both staff and top executives, at many of SA’s leading companies – despite money not being as plentiful as it has been recent years. Debbie Goodman-Bhyat tells us more.

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