You might think that if you pay your taxes and
SARS has never queried anything with you before, then you're safe from an audit
but SARS also does random and cyclical audits.
Having up to date
policies as supporting documents to assist with SARS audit questionnaires and
to protect your business from being dragged to the CCMA is to have the relevant
policy in place.
Clear and concise
HR policies are important so that employees are able to understand the rules
and regulations within the organisation.
Failing to
implement policies leaves an organisation open to legal challenges and grievances
from the employees, especially if the company inconsistently applies the HR
policies to various employees. This can lead to increased costs that affect
your profits due to time wasted on not following the procedures.
Most businesses
forget that if they don’t have a policy in place to handle situations, common
practice becomes the defining policy, regardless of the details.
Finding Shapes in
association with Norman Brett and Associates can now assist your company to compile a proper
contract of employment - and placing into that contract, all the necessary
requirements and policies to bind the employee. It is even becoming more
necessary now to embody company policies and procedures into the contract - not
all of them, perhaps, but certainly the more important ones.