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PRINCIPALS OF ANNUAL LEAVE PAY
This schedule put the spotlight squarely on the fact that most employers at the time calculated a value that was too low for these three types of payments The requirements in the BCEA for these calculations were not new – they had been there for many years prior to the schedule – but employers were…
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EMP501 ANNUAL RECONCILIATION FOR YE2016/02
Opens 18 April 2016 and Closes 31 May 2016 Requirements to complete EMP501 2016/02 return. COMPANY/EMPLOYER INFORMATION Can be taken off secretarial files. EMPLOYEE INFORMATION Employee Number (if there is not one we will generate one in numeric order) Full names and surname ID Number Tax Number Physical Address Postal Address Bank Details (this is…
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OUTSOURCING YOUR PAYROLL AS PART OF YOUR RISK MANAGEMENT STRATEGY
In the last decade, the advantages of outsourcing a range of services to specialists – everything from IT to consumer service, marketing, security, Human Resources (HR) services and more – have become clear. The recent economic downturn further bolstered outsourcing’s popularity, as business felt the pressure to not only cut costs where they could, but…
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TRADITIONAL 13TH CHEQUE ON ITS WAY OUT
More than 66% of lower-level staff are still receiving 13th cheques, while only about 40% of senior management receive a bonus not related to performance. At middle management level, less than 60% were getting an extra cheque regardless of their performance. In 1994, 85%-90% of staff, no matter their level of seniority, received 13th cheques. …
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