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Tag: Retrenchment

HOW TO HANDLE A PAY CUT

Keeping calm in a financial storm The Covid-19 pandemic has brought the global economy to its knees, and inevitably many employers will need to contain costs by cutting salaries. "Being hit with a salary cut or a retrenchment is something every employee dreads, but it's important not to panic and to manage the situation as…

BySpice4Life NewsJune 2, 20200Comments

Let's talk Business

COVID-19 MAY NOT BE KILLING YOUR EMPLOYEES, BUT IT COULD BE KILLING YOUR BUSINESS. IS RETRENCHMENT AN INSTANT OPTION

South Africans are in a state of COVID-19 information overload and Employers and Employees alike are finding themselves in circumstances where information is either unreliable or presently uncertain, particularly in respect of what the consequences are for Employees should the Employer’s business shut down due to the COVID-19 pandemic, or in circumstances where the Employer’s…

BySpice4Life NewsMarch 23, 20200Comments

Tag: Retrenchment

HOW TO HANDLE A PAY CUT

COVID-19 MAY NOT BE KILLING YOUR EMPLOYEES, BUT IT COULD BE KILLING YOUR BUSINESS. IS RETRENCHMENT AN INSTANT OPTION

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