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24 January 2019 Labour & Employment Watch

Focus


Unions back off from ANC notion of prescribed assets

The ANC statement in its 2019 election manifesto that it was once again considering the notion of prescribed assets for pension funds, has drawn mostly negative reaction from organised labour and the pensions industry, writes Legalbrief. Although organised labour has ... Read More

South Africa


Parliament amends minimum wage law

Parliament is amending the national minimum wage law just two weeks after the ground-breaking legislation, which provides for ordinary workers to be paid at least R20 an hour, came into effect. According to a Sowetan report, it emerged at a ... Read More

SA's real salary increase at 1% in 2019

SA’s salaried workers are expected to receive only a 1% real increase in salary in the current year, among the lowest gauged in the Korn Ferry 2019 Global Salary Forecast. HR Pulse reports that the workforce is expected to get ... Read More

Platinum price falls jeopardise jobs

The latest fall of the platinum price is threatening to be the last straw that broke the camel’s back for some deep labour-intensive platinum group metals (PGM) mines, particularly on the western limb of the Bushveld Complex, Mining Weekly reports ... Read More

Workplace Policy Watch


Analysis


Tapping prescribed assets a 'very bad idea'

The ANC’s intention – noted in its election manifesto – to investigate prescribed assets to fund social and economic development is described in a Business Day editorial as a very bad idea. The editorial notes that the most galling thing ... Read More

Health


Stress levels high in financial services sector

The number of stress-related absences in financial services in the UK is higher now than in the immediate aftermath of the 2008 financial crisis, reports Personnel Today. The number of working days lost per worker per year in financial services ... Read More

World


Talent shortage slowing uptake of AI

A shortage of talent is slowing the uptake of AI systems, prompting a need for organisations to devise training programmes that could rectify the problem in-house. Personnel Today reports that an international survey of chief information officers (CIOs) by consultancy ... Read More

Sharing employee data could boost productivity

Almost nine in 10 employees would be happy for their employers to collect data on them if it meant their productivity or wellbeing would improve. Personnel Today reports that a study by Accenture produced in conjunction with the World Economic ... Read More

Flexible workers find it difficult to switch off

Employees working from home are finding it difficult to achieve work/life balance, with 92% answering e-mails outside of working hours. HR Magazine reports that the research, by occupational health service BHSF, surveyed UK employees working at least two days ... Read More

Briefs


* Distell has announced that i

* Distell has announced that it could retrench about 100 employees as part of the restructuring of its supply chain network. The company has over 4 000 employees. Read More

* A group of former Sasol empl

* A group of former Sasol employees is exploring its legal options after the company’s Inzalo scheme paid them less than they had expected. The broad-based black economic empowerment scheme matured last year. Read More