This week on HR News, our focus on South Africa and the aftermath of the recent budget speech and changes in the policy landscape. The Department of Labour of the Republic of South Africa has given an indication to begin to enforce compliance to the newly signed minimum wage bill of 20 Rand per hour, also a stipulated penalty will be levied on businesses that are found wanting. Is this enough to afford a decent life in Africa’s most advanced economy? There is also news that despite the high unemployment rate in the country, some businesses are scheduled to let go of more workers. The sugar tax is also estimated to cause massive job loss as a form of implication, one such example is Coca-cola. The Sin tax is also said to cause a massive job loss.
HR W!red focuses on giving information and practical advice to help today’s HR professionals, talent and leaders as well as business owners to improve business outcomes and further impact the bottom line; driving towards a profitable Africa.
We shine the spotlight on the most important aspect of business and that is the talent because a well-run hr department improves productivity and aids in maintaining the organizations brand image. It also plays a huge role in developing the organizations’ strategy as well as how the employee-centered activities are handled.