Stage 4, lockdown 8 May 2020 - Regulations - Global Business Solutions
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Level applicable?
Feasibility model
Regulations
Stage 4, lockdown
8 May 2020
1
12 May 2020
Two sessions
11h00 – 12h00
Or
19h30 – 20h30
2
Let’s talk about remuneration and benefits
NWNP unless essential or NWNP unless essential or Hopefully outcomes-based,
Bloated remuneration and permitted and even the agile permitted and even the agile flexible and remote-workplace
benefits discussions re remuneration and discussions re remuneration and balanced terms
benefits benefits (greater return to normal)
False economy Recovering economy New normal economy
Retarded economy
(supervening impossibility (W-growth volatile) (transformed economy)
(technical recession)
and bail-outs)
Traditional laws and Partial supervening Traditional law, new
Prevailing dispensation historical employment Supervening impossibility impossibility as long as employment terms,
contracts and policies DMA is in place hopefully!
Life support Limited Significant Moderate to limited Create your own
happiness
LRA Full application Very limited application Partial application Full application
OHSA Traditional Traditional + HBA Transformational Transformational
emphasis
Traditional laws and Suspension or partial Proportionate suspension or Traditional law, new
Employment contracts and partial application of employment terms,
historical employment application of employment
policies and procedures employment terms hopefully!
contracts and policies terms
What terms are you appointing new employees on?
Storyline
Upfront Statistics: New Business General
UIF TERS C-19 Q&A
issues! Global & SA developments impact information
5
Statistics
Global and SA
6
Globally (8 May 2020)
7
https://coronastats.net/
South Africa (8 May 2020)
8
https://coronastats.net/
Business impact
9
From Johnny’s desk
❑ Strengthened the President’s base
❑ Ace Magashule (SG) and David Mabuza (DP)?
❑ Recentralised power
My take – 2020 onward
❑ Luthuli house
❑ Employment has changed forever
❑ Political clarity
❑ Fiscal reigning in
❑ Social pact
❑ World Bank and IMF
❑ Structural reforms started
❑ SARS efficiency gain
❑ Some risks…Ministers
❑ Lost opportunity C-19 TERS UIF
Key areas: ❑ Wage/ salary adjustments
❑ Success in flattening the curve ❑ SOE bailouts gone
❑ Continued resolve from the President (concessions) ❑ Financial command structure
❑ Take the opportunity for structural reformsFrom Johnny’s desk
W❑ The simple death rate, defined as Covid-19 deaths divided by diagnosed cases is around 7.1% globally at present. ❑ The lagged death rate , defined as Covid-19 deaths divided by the number of diagnosed cases a week prior (it takes about a week on average from diagnosis to death) is around 8.5%. ❑ The outcomes death rate i.e. deaths divided by recoveries, is currently 18.5%. When the Covid-19 pandemic has finally run its course, and all the statistical adjustments have been made for under diagnosing both deaths, and cases, these three death rates will converge and represent the pandemic mortality rate.
Studies in New York State, Iceland, and elsewhere, indicate that case incidences are understated by a factor of at least ten. i.e. for every person tested as having contracted Covid-19 (initially only those admitted to hospital with the disease) there are at least nine other people who have contracted it, either asymptomatically or without such severe symptoms that they required hospitalisation, and so were not tested. This mortality rate is significantly higher than that of the seasonal flu, and in line with estimates for the 1918 ‘Spanish Flu’ (the H1N1 virus). The potential fatalities from simply ‘getting on with it’, in the absence of a treatment or a vaccine, are probably unacceptable to most democratically elected leaders.
New developments
14o What are the employment thresholds for manufacturing
outside of points C 5 to C 9?
For good measure… o How does one calculate the % employment and how does it
work?
o What evidence would the inspector look at?o What is the impact of the supply chain provisions in M1 on,
for example, Part E wholesale and retail?
For good measure… o Does it not open up a whole lot of return to work opportunity
that we did not expect?
o What is the interpretation around domestic workers?For good measure… o …and Call Centers?
General
22The World Economic Forum and its Partner Institute, Business Unity South Africa (BUSA) invite you to take part in the Executive Opinion Survey 2020 to assess the level of competitiveness of South Africa in an international comparison. This annual survey is a major component of the World Economic Forum’s Global Competitiveness Report, as well as other Forum insight pieces. The survey provides the key ingredient that turns the Global Competitiveness Report into a representative annual measure of a nation’s economic environment. A truly unique source of data, the Survey has also long been used by numerous international and nongovernmental organizations, think tanks and academia for empirical and policy work. For more information on the Executive Opinion Survey, we invite you to take a look at the factsheet about the project. Please complete the survey by 15 May 2020. Follow this link to the Survey: Take the Survey Or copy and paste the URL below into your internet browser: https://weforum.eu.qualtrics.com/jfe/form/SV_bBO5Okix3KXVjlr?Q_DL=Jzw0Op5 BrbK584U_bBO5Okix3KXVjlr_MLRP_2m1Yt9BueQ7HUot&Q_CHL=email
What to expect if you test C-19+
UIF C-19 TERS
27East London Durban Port Elizabeth Johannesburg Cape Town
T 043 721 1030 041 364 0472 041 364 0472 011 483 3722 021 418 1617
F 043 721 1027 086 414 4926 086 414 4925 011 483 1650 021 418 1619
trainingel dbnmarketing pemarketing jhbmarketing infoct
@globalbusiness.co.za @globalbusiness.co.za @globalbusiness.co.za @globalbusiness.co.za @globalbusiness.co.za
www.globalbusiness.co.za
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