The definition of unfair labour practices according to South African law is:
“Unfair labour practice means any unfair act or omission that arises between an employer and an employee involving –
Unfair conduct by the employer relating to the promotion, demotion, protection (excluding disputes about dismissals for a reason relating to probation) or training of an employee or relating to the provision of benefits to an employee.
The unfair suspension of an employee or any other unfair disciplinary action short of dismissal in respect of an employee
A failure or refusal by an employer to reinstate or re-employ a former employee in terms of any agreement; and
An occupational detriment, other than dismissal, in contravention of the Protected Disclosures Act, 2000 (Act No. 26 of 2000), on account of the employee having made a protected disclosure defined in that Act.”
Retrenchment in South Africa – Job security is important for everyone. Moments of uncertainty may arise when the security is threatened. It can become much simpler when you know some of the reasons that cause uncertainty.
Retrenchment and its implications:
The current economic climate has pushed many organisations towards making changes. Restrictions in growth and cutting down on expenses has meant that there have been many more retrenchments. Read more
Some of the most common reasons people want to leave their jobs include lack of recognition and no correlation with reward and effort. Make sure that you are leaving after having expressed your grievances to your superiors fully. If there are no alternatives and you are ready, and then move on.
Be realistic about your safety net
It may be exciting to leave your job, but it’s highly important to be realistic about how long your savings will sustain you for. It’s always advisable to have at least 12 months of savings in a liquid account so you can access the cash when you need it. Read more
A good marketing strategy attracts the right kind of business. It’s important to examine each part of the strategy, to ensure that you achieve maximum benefits.
What is a marketing plan?
This is a document that spells out the company’s goals and the proposed strategies and business tactics that can be used to achieve them. It should be flexible and should reflect current trends to help you stay ahead of competitors.
Important steps to consider: Identify the audience each activity is targeted to: Read more
Property investment is a venture many people seek to get into at some point in their lives. This is mainly because the benefits it provides more often than not seem highly lucrative to prospective investors. Investing in commercial property is often viewed as a simple way to gain returns.
What is commercial property?
Commercial property includes structures such as retail buildings, office buildings, apartment buildings, industrial buildings and warehouses.
What are the pros of investing in commercial property?
Income potential: There is greater earning potential and more financial rewards compared to residential property investment. Read more
For many people, buying a home using cash is often out of reach. A home loan can make this more attainable. This is often the simplest way to get access to your dream home. If your credit record is good you may have easier access to funds, but blacklisted individuals face a number of challenges when applying for home loans.
Being blacklisted may limit your options in various ways and can have a major effect on your finances and general wellbeing. Poor financial management and an unpredictable economy may lead to blacklisting. An over-reliance on loans is usually the main cause. Read more
Competition for high-paying jobs is fierce nowadays. As a result, an increasing number of people are choosing to work for themselves. Teenagers should be encouraged to gain valuable skills by getting exposed to business from a young age. This way, they can learn and start their own businesses, which when managed properly, can grow to become large multi-national corporations. Let’s have a look at a few creative business ideas for teens:
Prenuptial contracts – There are a range of laws which govern the way that two people are joined in marriage. Various legal documents must be drafted before people get married so that each party is legally protected. Before getting married, there are a few changes that need to be clarified, such as changes in ownership and property rights. Even though getting married is a special step in life, it’s also important to remain realistic about difficulties and challenges that arise which may lead to divorce. It’s for this reason that an Antenuptial contract is highly recommended for newlyweds.
Takeover car payments are fast becoming a popular option for many South Africans looking to buy a vehicle. Reliable vehicles can be quite expensive and it may be costly to buy one. Fortunately there are different payment options available for prospective owners.
Car leases usually last anywhere between two to four years. Many people opt to sell their lease to other prospective buyers.
These prospective buyers assume the costs of an existing lease on a vehicle from the person who originally made the purchase agreement.