All Press Releases for February 01, 2016

Zigo has Launched a New South African Leave Management System and Offers Advice on Managing Overhead Costs

It's a new year and many SMEs are closing off the year, with an overwhelming amount of work to get through in terms of balancing financials for audits, reconciling leave days for employees, conducting performance reviews and so much more.



    JOHANNESBURG, SOUTH AFRICA, February 01, 2016 /24-7PressRelease/ -- It's a new year and many SMEs are closing off the year, with an overwhelming amount of work to get through in terms of balancing financials for audits, reconciling leave days for employees, conducting performance reviews and so much more. Most business owners agree that the most challenging yet important part of running a business is managing the Leave for Employees and managing the Salary Bill.

Zigo recently launched a cloud-based Leave Management System that allows employees to apply for leave electronically and receive a response, accepting or rejecting the application. The factors influencing whether an employee receives leave or not are set by the company's HR management; these can be that leave has been exhausted, there may be nobody to fill in for the person or the reason may not be a valid reason to take an entire day off. In addition to this, the system aims to help employees understand their rights and responsibilities when it comes to taking time off work. Small business tend to find this aspect of managing their staff quite challenging as there may be a lack of a paper trail and employees may take advantage of the "nice boss". The Zigo Leave Management System provides stats that detail leave trends which may influence other factors such as salary adjustment (raises and deductions) as well as overall performance and competence.

The salary bill is the largest of all and can cause a monthly headache as it is influenced by varying factors such as market trend, industry demands, staff retention policies, benefits and employee requirements. As a result, over 60% of South African companies and business have moved their salary structures from the normative Basic Earnings plus Benefits to Cost-to-Company basis and this is mainly due to the fluctuating nature of salaries. It becomes very difficult for companies to budget annual salaries due to this, it is also an ideal way to ensure that staff are remunerated equally and are recognised for efforts.

Zigo also offers companies the opportunity to advertise new position on their job aggregation website, www.zigo.co.za. By creating an account on Zigo for job advertising, employers and recruiters have their posting distributed to 15 + job boards and social networking sites in one click.

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Contact Information

Charles Edelstein
Zigo
Johannesburg, Gauteng
South Africa
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