Marketing. Most business owners feel this is a grudge spend. If you manufacture something you are able to calculate exactly how much it cost. This is easy to do because all the data is available. If someone were to offer
According to Item 8 of the Code of Good Practice: Dismissal, an employer may require a newlyhired employee to serve a period of probation before the confirmation of the employee’sappointment. Probation is for newly appointed employees only and is used
Incapacity in labour law is the non-blameworthy breach of performance standards i.e. theemployee is unable to cope with the work and the lack of performance is not due to his/herfault. The Labour Relations Act 66 of 1995 (LRA) Section 188(1)(a)(i)
Disciplinary hearings are formal processes used by employers to address alleged misconductor poor performance by employees. The purpose of a disciplinary hearing is to determinewhether the employee’s behaviour or performance warrants disciplinary action, and if so,what the appropriate sanction should
So you want to Own your Own Business… The only reason to have your own business is so that you can do what you want to do, every day, until your last day. It’s all about how you want to
New National Minimum Wage The new National Minimum Wage for employees has been increased to R25,42 per hour as of 1 March 2023. This wage is also applicable to farm workers and domestic workers. Workers on an expanded public works
Did You Know? You are required by law to register with the Unemployment Insurance Fund (UIF) and contribute towards the fund if you have employed people for more than 24 hours per month.The monthly contribution for UIF is two percent
What is the Ins and Outs of Occupation Injuries To cover your workers against occupational diseases, injuries, and death, you must register with the Compensation Fund. The Fund covers an Employee who is: • Permanently employed• A domestic worker in
Herewith a brief overview of the tax implications. INDIVIDUAL TAX The maximum marginal rate for natural persons remains at 45% and is reached when taxable income exceeds R1,817,001 (previously R1,731,600). The minimum tax rate remains at 18% on taxable income
The Difference Between Employees And Independent Contractors An independent contractor is a colloquial term for a small-time sub-contractor. An independent contractor is merely another word for “entrepreneur”, or perhaps, “employer” (or potential employer). The word “independent” in the concept of