Скачать с ютуб RETRENCHMENT - What is an Employee paid when they are Retrenched? | South Africa в хорошем качестве

RETRENCHMENT - What is an Employee paid when they are Retrenched? | South Africa

In this video I break down exactly what an employee is owed in terms of money when they are retrenched. I start by providing some context information about a retrenchment and then move on to detail what an employee is paid on termination of employment (resignation, dismissal or any other type of termination of employment), what an employee is paid if they are dismissed and then finally what an employee is paid if they are retrenched. An employee who is retrenched is entitled to the termination of employment payment, the dismissal payment and the retrenchment payment. Additional information in this video: I explain how to calculate outstanding salary/wages for an incomplete period of time, how to calculate annual leave owed, how notice of termination works for a retrenchment and I debunk the myth that employees are automatically entitled to 3 months pay. Further to the aforementioned I discuss severance pay, how it is / isn't taxed and when an employee is not entitled to any severance pay as per the Basic Conditions of Employment Act. NOTE: In this video I give the legislative minimums - the parties can always negotiate more favorable payment. A reminder that your engagement with my content is how I can continue to bring you free employment relations information. Please consider commenting on & liking the video, and subscribing to my channel. Also - let me know what videos you would like to see Retrenchment Letter video (Section 189(3)):    • How to draft a Section 189(3) Retrenc...   Section 189(3) letter: https://fourieemploymentrelations.com... Notice of termination video:    • NOTICE OF TERMINATION | Section 37 & ...   For consultations with me (online): [email protected] The templates are priced in dollars to enable automatic payment for you to receive them immediately. South African bank cards will work with the payment system and automatically convert the amount to ZAR Employment Relations Download Website: https://fourieemploymentrelations.com... Employment Relations Blog: https://fourieemploymentrelations.com/ Employment Relations Website: https://employmentrelations.co.za/ Facebook:   / employmentr   LinkedIn:   / admin   Carmen Fourie LinkedIn:   / carmen-fourie-425239b6   Twitter:   / carmenfourieer   Credentials: Employment Relations practitioner for over 6 years, assisted over 500 clients in various industries across South Africa, over 2000 disciplinary hearings chaired, numerous CCMA cases, retrenchments, restructuring, contracts of employment, incapacity investigations, grievances facilitated, and negotiations. I am also the Director of Fourie Employment Relations (Pty) Ltd and, lectured and mentored the subject of labour relations at the University of Stellenbosch. MCom Cum Laude (Industrial Psychology) Thesis: The behaviours that make small business owners successful and what success means to them (the development of a small business owner competency model) BCom Hons Cum Laude (Industrial Psychology) BCom Management Science (Entrepreneurship & Industrial Psychology) Numerous courses completed on Nonviolent Communication Disclaimer: This video is for educational purposes only. Timecodes: 0:00 – Introduction 0:45 - Disclaimers 1:21 - Are employees entitled to 3 months pay? 1:56 - Important background information on termination of employment 5:14 - What is an employee paid if the employment relationship is terminated? 6:12 - How to calculate daily pay for employees paid monthly? 7:53 - Annual leave not taken 9:11 - How to calculate annual leave due? 10:02 - Payment owed for paid time off for overtime or Sunday work not taken 10:44 - Payment when an employee is dismissed 11:02 - Notice of termination when retrenched 15:45 - Severance pay 17:51 - When is an employee not entitled to severance pay 19:10 - Summary