Outsourcing can potentially add value, cut costs, support business growth and enhance customer-business relationships. An impressive list of attributes that sometimes mask the reality that selecting the wrong outsourcing partner can result in the business experiencing few of the benefits, with some added new challenges.
The Industrial Development Corporation has indicated that globally Business Process Outsourcing (BPO) is in the midst of a growth surge with an anticipated $202.6-billion by the end of 2016 and a five-year compound annual growth rate of 5.3%.
The Deloitte Global Outsourcing Survey 2016 found that outsourcing will continue to grow, providing customers with innovative services and solutions that help them cut costs while remaining competitive and on track. However, not all outsourcing is created equal and should be undertaken with a measure of consideration and a dollop of common sense.
Business process outsourcing (BPO) has evolved into a thriving and enormously successful market, accelerating in growth as it constantly reinvents itself and adapts to the changing paces of digital, country and economy.
South Africans are becoming used to hearing bad news in terms of our pockets on the 2nd Wednesday afternoon in February. Sadly, we don’t expect anything particularly different this year.
Given that South Africa, as a country, is still struggling financially and the gap between the earnings of the poorest and the “well-to-do do’s” does not seem to be shrinking, we can be confident that there will be more innovative taxes included in what is tabled.
They do say dark chocolate is good for you, don't they? And a little glass of red wine every now and then..
This time of year is definitely about food for many of us, preparing it, eating it, clearing up afterwards. And chocolate is high up on the indulgent food list (Also doesn't mess up the pots, pans and plates).
There are very few people who do not have a level of guilt around the amount of chocolate they eat, or would eat if it was considered a healthy snack.
There may be a lucky few in South Africa this December who receive a 13th cheque or bonus as part of your December pay.
It’s important that you understand what you are actually going to receive in your bank account:
• A bonus is generally an amount given to employees because of either their personal performance within the organisation, or because the organisation as a whole has done well;
• A 13th cheque will have been calculated as part of your annual company cost, and is a way of splitting an annual amount into 13 payments.
The Da Vinci TT100 Business Innovation Awards Programme is South Africa’s foremost business Awards programme.
TT100 has been recognising innovation and technological prowess in South Africa companies for more than 25 years.
TT100 offers companies the opportunity to measure their achievements against the best in the country and to showcase their exciting technological initiatives to the nation regardless of the industries that they operate in.
Newsflash courtesy ofSAPA
The Minister of Finance, Pravin Gordhan, presented his mid-year budget review on Wednesday 26th October. Proposed changes that immediately impact payroll include the extension of the Employment Tax Incentive. This was to have ended on 31st December 2016, and it is proposed that this date has been extended for another 2 years to end February 2019, which means that organisations are encouraged to recruit and employ people between the ages of 18 to 30, to introduce them to the work environment.
This morning, as I was packing my car to come to work, I felt a few drops of water on my arm. I looked up into a clear, blue sky... Maybe it came off the car? I went inside for my goodbyes, came back out, and there it was, a steady drizzle seemingly coming from a cloudless sky.