Companies can provide an array of benefits. Have you interrogated yours?

  • 📰 City_Press
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Personal Finance| Studies show that companies that provide employee benefits are more likely to attract and retain talent.

In South Africa, where there is a lack of a savings culture, having an employer-funded pension or provident fund helps employees save for their nest egg.

GROUP RISK BENEFITS: Other companies go further and provide their employees with group risk benefits. APPROVED LIFE COVER: Approved life cover means the retirement fund is the policyholder; this means that in the case of death of the member, the trustees will have the final say in how the death benefit will be distributed to the deceased’s family members All contributions to approved funds are tax deductible up to 27.5% of taxable income, capped at R350 000 a year, but the pay-out will be subject to tax. All benefits paid from an approved retirement fund are exempt from estate duty.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 7. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

BUSINESS MAVERICK: US-Sino trade war will provide few opportunities for SAAn old African proverb holds that ‘when elephants fight, it is the grass that suffers most’. As the US and China lock tusks over trade, grass on a global scale is getting trampled. And for South Africa, there appear to be few green shoots amid the carnage. Why do you call negotiations a trade war?
Fonte: dailymaverick - 🏆 3. / 84 Leggi di più »

Small business equals big social and economic benefitsSiSebenza has been launched to help support entrepreneurs and bridge the gap between SMEs and corporates
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »