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Section 23 of the Constitution deals specifically with labour relations, providing that everyone has the right to fair labour practices, [1] and specifically the right. to form and join a trade union; to participate in the activities and programmes of a trade union; and. to strike.
Health insurance. Health insurance or medical insurance (also known as medical aid in South Africa) is a type of insurance that covers the whole or a part of the risk of a person incurring medical expenses. As with other types of insurance, risk is shared among many individuals. By estimating the overall risk of health risk and health system ...
Social assistance, including grants and public works, is funded through tax revenue, unlike statutory and voluntary funds that are funded by employers and employees. [7] Social welfare programmes in South Africa include cash assistance, unemployment insurance, medical provisions, and housing subsidies. Cash assistance is distributed by the ...
Black Economic Empowerment (BEE) is a policy of the South African government which aims to facilitate broader participation in the economy by black people. A form of affirmative action, it is intended especially to redress the inequalities created by apartheid. The policy provides incentives – especially preferential treatment in government ...
It is designed to maximize employee performance in service of an employer's strategic objectives. [1][need quotation to verify] Human resource management is primarily concerned with the management of people within organizations, focusing on policies and systems. [2] HR departments are responsible for overseeing employee-benefits design ...
These three tiers are based on the employee's hire date (i.e. Tier I covers 1 January 1980 (and before) to 1 January 1995, Tier II 2 January 1995 to 1 January 2010, and Tier III 1 January 2010 to present) and have different benefit provisions (e.g. Tier I employees can retire at age 50 with 80% benefits or wait until 55 with full benefits, Tier ...
Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. [1][2] A narrower concept is human capital, the knowledge and skills which the individuals command. [3] Similar terms include manpower, labor, labor-power, or personnel. The Human Resources department (HR department ...
Alexander Forbes Group Holdings, commonly referred to as Alexforbes is a diversified financial services organisation.[2][3] The company is headquartered in Johannesburg, South Africa, with a presence in two other countries on the African continent: Namibia and Botswana and in the Channel Islands through an offshore Jersey operation.