Retrenchment | VIP Payroll | South Africa
Retrenchment Packages and Staff Layoffs
The recent economic downturn has seen many companies suffer a loss in profits and necessitated the retrenchment of many of their valuable employees. Each employee who is retrenched must be offered a remuneration package that is in line with their years of service as well as labour law and other legislation. These calculations can be difficult and time consuming but it is imperative that they are done correctly for both the benefit of the employer and the employee. Your software payroll package can assist you in ensuring that each retrenched employee receives what is due to them without causing further loss to your company.
To find out more about these calculations the and remuneration you need to offer employees before you can offer them a retrenchment package, please contact us.
Contact Details:
Website: http://www.vippayroll.co.za/
Sales: sales@vippayroll.co.za
Training: training@vippayroll.co.za
Support: support@vippayroll.co.za
General Information: info@vippayroll.co.za
Tel: +27 12 420 7000
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Retrench Employees, Employment Disputes and Retrenchments and Retrenchments and Restructuring
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