Thursday, November 21African Digital Business Magazine

Tag: employers

Business, South Africa News

Know the person behind the CV and the partner pitch

Businesses can’t afford bad hires or dubious business partners, so why are they still happening? A key new hire or business partner can have a significant impact on a company – for better or worse. Knowing the facts behind the polished CV or perfect partner pitch should be a non-negotiable, says Sameer Kumandan, Managing Director of SearchWorks, an innovative data platform that allows users to conduct live, accurate searches on individuals and companies and in-depth KYC checks online. It's an all too common but avoidable scenario: A company decides to recruit for a crucial management position, or an entrepreneur seeks out a business partner, hoping new skills will foster much-needed growth. The process involves advertising the role, networking, sifting through dozens of CVs, identifyin...
Main, South Africa News

The rise of Gen Z means a rethink of permanent employment is on the horizon

By Gary Silbermann, Co-Founder and Innovation Director at One Degree Workers had barely adapted to a remote and hybrid workplace before businesses demanded more time in the office without exception. Tech big hitters such as Dell and Tata Consultancy Services have warned workers to return or face consequences. Remote working advocate Zoom has demanded that all those who live within 80km of the office need to work in-person twice a week. The reasons put forward by businesses who want employees in the office may vary but there are common themes, such as lower productivity and a struggling or absent company culture. While these concerns are valid and most certainly the lived experiences of C-suites trying to drive the bottom line, as the workforce demographics shift to younger generations it...
Business

9 things SME’s can do to look after their staff during the cost of living crisis

As the cost of living crisis continues, employers must recognise the importance of supporting their employees during these challenging times. From both a business and human perspective. Financial stress can significantly impact employee wellbeing, job satisfaction, and productivity. As a result, many organisations are taking steps to provide support and alleviate some of the financial concerns faced by their staff. Beyond being morally right to support employees during times of economic hardship, there are also business benefits. Employee performance experts at Weekly10 summated their 9 tips so that businesses can support their employees during tough economic times: Focus on employee engagement Prioritise employee wellbeing Be transparent with employees Look to build resilie...
Equatorial Guinea, Main

Reduction Of Personnel For Economic Reasons Vs Suspension Of Employment Contracts: Why Are Companies In Equatorial Guinea Spending Money In Times Of Crisis?

By Pablo Mitogo, Associate Attorney, Centurion Law Group Since the outbreak of COVID-19, many countries have been overwhelmed and the health systems of the most powerful countries have collapsed. The wave of chaos has also reached companies, especially in small economies such as Equatorial Guinea. Many companies have seen their volume of activity decrease drastically, with subsequent cost reductions. The question remains how does a company reduce costs without drowning the company? In recent months we have seen many processes of reduction of employee workforce. Careful observation revealed that companies that reduced workforce for economic reasons suffered penalties of 30 days of salary per year of work for each worker. Consequently, they increased costs rather...