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We live in a world where we are faced with severe skills shortages. It is a cut throat industry where the most attractive job opportunity is king and staff retention is the name of the game. An employer’s ability to compete as an innovative HR leader very much hinges on the success of a thorough engagement strategy that is capable of speaking to a diverse workplace.
Good Housekeeping recently reported the launch of The Heads Together Campaign. Founded by Their Royal Highnesses, Prince William, Prince Harry, and Kate Middleton, the initiative aims to “change the national conversation on mental well-being and will be a partnership with inspiring charities with decades of experience in tackling stigma, raising awareness, and providing vital help for people with mental health challenges."
Richard Branson once said; “There is no magic formula for a great company culture. The key is just to treat your staff how you would like to be treated”. Something so simple, yet so complex when it comes to staff interaction in this day and age.
The new tax laws around retirement funds now enable most employees who are members of a company retirement fund to make bigger tax deductible contributions into their fund every month, which will ultimately boost their retirement savings. Romeo Msipha, Senior Consultant at Old Mutual Corporate Consultants, says that employers should make it as easy as possible for employees to take advantage of this opportunity in order to maximise their retirement outcomes.
The strongest deterrent against FSP compliance missteps is or should be: