BESSIE CLARK EMPLOYEE OF THE YEAR 2018
Pay Solutions recently held a ‘team building with a difference lunch’ where staff were given recognition for their strengths and values in a fun and entertaining way!
Bessie was awarded Employee of the year and received the well deserved Extra Mile Award. Well Done Bessie your dedication and commitment to our clients on a daily basis make you an integral part of the team.
Meet the team that makes it all happen!
For the majority of businesses, with rare exception, the monthly payroll is by far and wide their largest expense. This can especially difficult to keep up with if you are a small or medium business who is trying to manage your expenses in order to sustain your growing business. Many employers also do not know how to calculate their payroll accurately in order to ensure that they have a realistic figure of how much their staffs are actually costing them. When it comes to payroll, employers often fall into the trap of underestimating the real cost of salaries or forgetting about the many hidden costs involved, such as UIF, Health and safety aspects, Workman’s compensation, training, all types of leave, not to mention the cost of the basics, such as desks, telephones, uniforms, equipment, office supplies, tea / coffee… the list is on-going.
The Employment Tax Incentive (ETI) is a tax incentive aimed at encouraging employers to hire young work seekers, the aim of which is two-fold. Firstly, it is a means of cost-sharing between Employers and Government to help motivate employers to employ young people in their work places. South Africa has a particularly high rate of youth unemployment due to the large gap in skills between what the learners are taught in schools and tertiary education arenas and the actual needs required to work effectively within the workplace. As a result employers are hesitant to employ a young person with little or no actual work experience which in term means that young people are not gaining the skills or experience needed to drive the economy forward. This lack of skills can have long-term adverse effects on the economy.
It is that time of year again when the Department of Labour is focused on Compensation and more specifically, your company’s confirmation of your Return of Earnings. The Department of Labour announced that the deadline for the 2018 Return of Earnings declarations has been extended an
d the system has been open since 01 April and will close on 31 May 2018. This means time is of the essence for your company if you haven’t yet completed or submitted your declaration.
COIDA – All you need to know ….
If your employee gets injured on duty, do you know what your obligations as an Employer regarding COIDA are?
The Compensation for Occupational Injuries and Diseases Act, No 130 of 1993 (COIDA) provides for compensation for incapacity caused by occupational injuries or diseases which are sustained or contracted by Employees in the course of their employment, or for death resulting from such injuries or diseases.
The Employer Annual Reconciliation filing season for 2018 is now open! Employers have until 31 May 2018 to submit their Annual Reconciliation Declaration (EMP501) for their Employees, for the period from 1 March 2017 to 28 February 2018.
A statement like this can get a person’s heart racing if they are in a situation where they ma be unprepared or lack the expertise to submit their declarations themselves. And in many cases, Employers, particularly smaller business, may not have access to the correct help with their own organisations. This is where Pay Solutions can be most beneficial for smaller companies!