Over 5000 retrenched Sapo workers to lose jobs

By Staff Writer
The South African Post Office (Sapo) presented its turnaround strategy to the Portfolio Committee of Telecommunications and Postal Services this week but at the same time it imparted with the news that 5065 workers would lose their jobs. Some of the positions that will be done away with include those that report to the CEO, which will reduce from 15 to seven positions.
 
Sapo, however, assured that it aims to mitigate these job losses “by creating entrepreneurial opportunities in retail agencies, the delivery of goods, and the provision of services. Job losses will also be mitigated by creating new opportunities in inspection and enforcement of regulations, mailroom management and coordination.”
 
Severance and retrenchment
 
As part of a retrenchment package, a person would get severance pay. The Department of Labour explains: “Employers must pay severance pay to retrenched workers.  The pay must be equal to at least one week’s pay for each completed year of continuous service.
 
“In addition to severance pay, workers are entitled to any other amounts that they are legally entitled to.
 
“Workers are not entitled to severance pay if they unreasonably refuse other employment with the same employer or with another employer.”
 
For more information on how to survive retrenchment, click here.
For more information on severance pay, click here.

Recent Articles

Featured What are the benefits of living in a “Zoom Town”?

With many careers moving online, work-from-home employees have realised they can live in smaller suburbs or towns at a lower cost and enjoy the benefits of a slower lifestyle, while keeping their jobs.

You can’t cash cheques anymore in South Africa – we find out why

In November 2020, the South African Reserve Bank (SARB) announced that cheques would be discontinued from 1 January 2021. But what guided this decision? We have a look at what the pitfalls have been of using cheques, and the consequences of removing them from the payment system.

The perks of investing in student accommodation

With the constant influx of new students entering tertiary institutions, there’s usually a steady demand for student accommodation. As an investor who’s interested in the property market, should you consider student accommodation?

Are you financially secure enough to buy your first home?

When you buy your first home, you need to make sure you’re in a secure financial position so that you can stay afloat in spite of your increased financial responsibility. But are you aware of all the costs you’ll have to carry?

Deals

Rouge Day Spa Tuesday Special

Price: Available on request
When: Tuesdays
Where: Cape Town

Monte Vista Two Nights Special

Price: Available on request
When: Until 31 December 2021
Where: Montagu

Century City Hotel 4 Nights Special

Price: From R1100
When: Until 31 January 2021
Where: Cape Town


Latest Guide

Guide to debt rehabilitation solutions