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South Africa has experienced over three decades of democracy, and one of the main factors determining our economic resilience will not only be growth and innovation but also the safety and well-being of our workforce.
There is a benefits package sitting in an email somewhere in your company right now. An employee received it on their first day, skimmed it, and has not thought about it since.
There is a quiet crisis unfolding on South Africa's balance sheets, and most businesses do not know it is there.
Most employers believe that having employee benefits in place means they are doing right by their people. Retirement funds exist. Risk cover is provided. Medical options are offered. On paper, everything looks fine.
The strongest deterrent against FSP compliance missteps is or should be: