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All posts by Lavine Haripersad

Lavine Haripersad is the vice chair of the South African Payroll Association (SAPA)
  • It’s been a tough year in SA, so is it wise to cut that promised staff bonus?

    The year is rushing to an end and many South Africans are looking forward to a well-deserved break. It has been a difficult year for most companies with the unprecedented negative economic and political climate. Companies are battling to be profitable. It is also a time of year where many employees have an expectation of receiving some reward in the form of an annual bonus. A bonus is different from a 13th cheque, as the payment of annual bonuses is not guaranteed. The employer can decide whether he wants or is able to reward his employees by paying a bonus. If...