I have been retrenched, what now?
Retrenchment is a word that employees dread. Unfortunately due to Covid19 downsizing and retrenchments could be on the horizon for many of us. If you are retrenched, stay calm and do not panic even if you are in shock and anxious. Do not take your retrenchment personally. This was probably a tough decision for your […]
Be aware of tax you’ll pay on severance package
Your final package may include notice pay, severance pay and a gratuity Businesslive 26 APRIL 2020 – 00:05 LAURA DU PREEZ Economists are predicting that between 350,000 and 1-million people could lose their jobs as a result of the Covid-19 pandemic and the subsequent nationwide lockdown to curb the spread of the disease. If you […]
Losing your job need not be the end of the world
Article by Eugène Antak ~ Business live When it comes to the severance package your employer may pay you, it is important to understand the implications How did your company’s restructuring make you feel? Retrenchment can be devastating as it affects your financial security and your sense of worth. And it is not uncommon in […]
Things you need to consider when you change employment
A career change is a big deal at any stage or age. This can occur as a result of a decision made by you or someone else on your behalf. It was previously common for a person to work at the same company for decades or their entire working life. Frequent career change is the […]
