Axiomatic Newsletter June 2024

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June 2024

I n s p i r e d P a y r o l l P o s s i b i l i ti e s Newsletter 20 24
In this Issue 1. New Features 2. Compliance Updates 3. Article – Different Ways Integration can be achieved 4. Package Calculators 5. API 6. Referral Program 7. Emerging Markets 8. GPA 9. Pacey 10.NHI Article 11.Health Checks 3 4 5 6 8 9 10 11 12 13 14

Bulk Actions – Leave entitlement per employee

In this month's Product update, we introduced a feature allowing users to specify employee leave entitlement on the employee level. As a continuation of this feature, a bulk action enables users to upload leave entitlement for multiple employees on a single upload. This eliminates the need to process employees’ leave entitlement per employee profile, saving time and effort.

New Features & Enhancements Coming Soon

Account “Deregistration” for existing ESS users

The “Deregistration” option allows ESS users to deregister their email addresses. This option is essential when employees must register for Employee Self-Service (ESS), but their email address is linked to their previous employer’s profile.

What was the process before?

Previously, to use an employee’s email address in a new company, it was necessary to change the email address on the previous employer’s profile before the employee could register for ESS with their new employer using that same email address. This is because email addresses must be unique across the system.

What is the process now?

With this new option, ESS users can deregister their email address to unlink it from their former profile and register for ESS under their current profile in their new company.

The ‘Deregister’ option on the login page reflects where ESS users can initiate the deregistration process. An email with further instructions to complete deregistration will be sent to the ESS user’s inbox to finalise this process.

20 24 3 June Newsletter New Features

Compliance

Legislation updates for May 2024

Zimbabwe Increase in Retirement Contribution Deduction Limit

The maximum allowable deduction on pension contributions has been increased to USD 5 400.00 per annum.

Madagascar Minimum Wage Increase

The minimum ceiling of 238 800.00 has been updated to 262 680.00. The maximum ceiling has been changed from 1 910 400 to 2 101 440.00 Both the minimum and maximum ceiling will affect contributions to: Social Security (CNaPS), Statutory Health Organisations (ESIA, FUNHECE, OSTIE, and SALFA) and Training fund (FMFP)

Malawi Tax tables

The tax tables were gazette with an effective date of 1 April 2024.

Lesotho Labour Law Changes

Lesotho has enacted the Labour Act, 2024 (“the Act”), which consolidates all labour and employment laws in the country. The changes introduced in the Lesotho Labour Act of 2024 have significant implications for both employers and employees

Namibia still awaiting a gazette

News articles indicate this might only happen in October

20 24 4 June Newsletter
Updates

Payroll Integration

Different ways payroll integration can be achieved

In today's fast-paced business environment, efficiency is paramount. For companies to stay competitive, integrating various systems into their payroll software can streamline operations, reduce errors, and save valuable time and resources.

Here’s a closer look at the different ways and systems that can seamlessly integrate with payroll software to create a more efficient, effective, and user-friendly experience.

Article 20 24 5 June Newsletter Read Full Article 1. Human Resource Management Systems (HRMS) 2. Time and Attendance Systems 3. Accounting Software 4. Employee Benefits Management System 5. Customer Relationship Management (CRM) Systems 6. Project Management Software 7. Statutory Filing Systems 8. Payroll Advance payments to employees

Hello to Say

Axio Package Calculators

NO access to an actual payroll platform, NO internet, NO security permissions are needed. Much more

Ensures ease of use across all industries, 44 African Countries, and their currencies. An Excel-based tool that: 2 Easily generate customized dummy payslips to supplement offer letters for new employees. Simplify the Hiring Process: 1

Onboarding new employees, offer letters, gross-ups, and net pay calculations can be frustrating.

This is why we design customized dummy payslip generators that are completely tailored for all your Remuneration calculation conditions.

As an Excel tool, it is created specifically with all your possible input criteria:

• Aesthetics

• Calculations

• Forecast Increases TIRED OF GENERIC, INFLEXIBLE DUMMY PAYSLIP GENERATORS?

• HR & Org data

• Gross-ups

• Conditions

• Remuneration structures

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Office: + 27 11 305 1940/1 | Email: info@axiomatic.co.za | www.axiomatic.co.za
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20 24

Payroll Integration using API’s

In the past, payroll was seen as stagnant, relying on outdated methods and manual processes. However, recent technological advancements have transformed payroll into a strategic asset, offering valuable data insights.

Axiomatic specializes in integrating payroll systems with APIs, leveraging middleware to ensure seamless data exchange.

This integration enhances efficiency, improves the Employee Value Proposition, and maintains data accuracy and security.

For tailored, efficient, and secure

Payroll Integration

Solutions

With a custom user interface and strong audit controls, Axiomatic ensures a balance between tradition and efficiency.

This powerful payroll functionality combined with pivotal middleware enables companies of all sizes to overcome data silos by creating powerful Applications, Data, and API integration on-premise and in the Cloud, from a single interface.

API
Full system specification available on request.
Learn more 20 24 8 June Newsletter

Axiomatic recognizes that a significant amount of our new business is referred to us by our current clients.

We appreciate these “word of mouth” referrals and want to recognize and reward clients making referrals by introducing our new referral program

STEP 1

Identify a company looking for a professional and expert payroll provider.

STEP 2

Simply, send an email to your Axiomatic contact, detailing the name of the company, the contact person, and the contact.

No. of employees referred

to 1,000

to 2,500

2,501 and above

Important information

STEP 3

Axiomatic will make contact. If the prospect signs with Axiomatic, you will receive a Takealot voucher for the amount detailed below

1. It would be helpful if the contact person is aware that Axiomatic will be contacting them. This increases your chances of receiving the referral reward.

2. Axiomatic will follow up on every lead you provide.

3. Once the new company has signed our Proposal, we will notify you that your reward voucher is due.

4. Once the new company’s payroll goes live, you will receive your voucher within 30 days.

South Africa Africa
R 1,000.00 $50 251
R 2,000.00 $100 1,001
R 5,000.00 $275
R
$550 20 24 9 June Newsletter
1 to 250
10,000.00

Emerging Markets Payroll (EMP) is a payroll alliance of three specialist Regional Payroll Providers that collectively offer comprehensive payroll support for 80 countries in emerging markets across Africa, Asia Pacific, and Latin America.

Our alliance partners are:

Links International – the company was established in 1999 and provides services across the Asia Pacific region in 20 countries.

At EMP, our team of 320+ is committed to streamlining and simplifying your payroll processes in emerging markets using secure cloud-based technology. Further, EMP’s ability to integrate with leading HCMs including Workday, SuccessFactors, and Oracle HCM will ensure a seamless journey for your business.

Payroll Worldwide – the company was established in 2007 and provides coverage in Latin America in 14 countries. Looking for a payroll provider who

Contact Us for a Free Consultation!
Elevate Your Role with EMP's Payroll Outsourcing Services
knows the ropes? Axiomatic EMP Services helps you save time and cut costs. Get in touch today for a free consultation.
Axiomatic is excited to announce that we have formed a payroll alliance that extends our coverage of 43 African countries, now includes an additional 37 emerging market countries. Read more about EMP

Axiomatic is proud to announce

We have been shortlisted for the prestigious Global Payroll Association’s Regional Payroll Supplier of the Year Award 2024.

Our entry was bolstered by our ability to run payrolls in 44 African countries using a cloudbased ISO 27001 accredited system. Further, our capabilities and track record of completing integrations with SuccessFactors, Workday, and other related systems, using API’s, certainly contributed to the shortlisting.

Global Payroll Association
20 24 11 June Newsletter Learn more

ESS NOW ON WHATS APP

Hi, I’m Pacey, your employee self-service bot.

I can help you with payroll + HR requests

• Historical payslips: PDF / text format

• Apply for leave

• Approve inbox items

1 Easy & Secure Registration

• View current leave balance

• View personal information

1. Register using employee's national identification (ID) number. 2. Pacey will check that their mobile number and identification number matches their profile on PaySpace to verify them.

2

Interactive Messages

Pacey uses interactive messages which gives users a simpler and more consistent way to select the options available to them.

achieve significantly higher response rates compared to text-based lists

Pricing & Edition requirements

• Companies using Pacey must be on the Premier / Master Edition as this is a self-service feature.

• The license fee will be charged per active employee, which will provide each employee with a predefined number of conversations per calendar month.

• The pricing structure allows customers to choose from 5, 10, 20, or 30 conversations per employee, per calendar month.

Pacey will be licensed as an additional service as explained below. How can I help you today?

• Employees will be limited to the number of conversations the company chooses. Every time an employee starts a new conversation with Pacey, they will be notified of how many conversations they have remaining for the calendar month.

• The Pacey contact number will be shared with customers upon purchasing this module including a QR code that makes it easy for an employee to scan and save the contact.

employee self-service
Office: + 27 11 305 1940/1 | Email: info@axiomatic.co.za | www.axiomatic.co.za

What’s going to happen to my family’s medical benefits?

As you are no doubt aware, President Cyril Ramaphosa signed the National Health Insurance (NHI) Bill into law on Wednesday 15 May 2024. The NHI Bill is now an Act. Universal health care for all South Africans is an ideal solution and one we can all aspire to. However, concerns have been expressed with elements of the NHI in its current format and one can expect it to be challenged in various courts.

What This Means for Employees

Employees are understandably anxious about how this will affect their future healthcare. Our goal is to provide clear and factual information amidst the ongoing debate.

1. Effective Date and Regulations: Although the Act has been passed, its effective date is not yet determined. The provisions of the Act will need to be enabled through detailed regulations. Discussions and calculations regarding the cost of implementation will continue over the next few months and possibly years. Given South Africa's economic challenges, including low growth, high inflation, high unemployment, and a narrow tax base, funding the NHI will be a significant hurdle.

2. Impact on Medical Aid Cover: Importantly, employees' medical aid cover and benefits will not change for a considerable amount of time. According to Adrian Gore, Chief Executive of Discovery, “We believe it will take a long time — a decade at least — to achieve ‘full implementation’, given the scale and complexity of reforms needed.” The minimum level of benefits covered by the NHI will be determined in the future, at which point we can assess what additional benefits medical aids can offer. Why do we say this? According to Section 33 of the Act, once NHI is fully implemented, medical schemes will only cover services not included in the NHI.

3. Implementation Timeline: Minister of Health Joe Phaahla stated that the institution overseeing the NHI will be established between now and 2026. The provincial rollout is expected to occur between 2026 and 2028. We have highlighted above that full implementation will take a significant amount of time because of the complexities of such an enormous initiative and the significant number of legal challenges that will occur. Until such time, employee’s medical aid benefits and access to private health care will remain unchanged.

Food for Fought

To administer the NHI fund effectively for 60 million beneficiaries, it is estimated that approximately 85,000 employees will be needed. This substantial workforce is crucial to ensure efficient operation and management, comparable to the current standards of private-sector medical aid administrators.

We're Here to Help

If you need assistance or a review of your company's employee benefits, retirement, or healthcare options, please do not hesitate to reach out to us. Our team is ready to support you through these changes and ensure your employees remain well-informed and well-cared for. Contact Us

20 24 13 June Newsletter

Hello to Say Health-Checks

In a Health Check, we will reverse calculate the payroll for the tax year of assessment in the country, taking cognisance of applicable tax and social security laws.

The objective is to determine if the configuration and operation of the payroll are compliant.

Axio rebuilds all calc’s Submit Excel payroll reports

Q & A on issues

Report detailing findings & compliance score issued with remedial suggestions

A High-level, fast, and efficient review to ensure your compliance is where you want it to be. Why Axiomatic Consultants? 44 Our Reach in African Countries

Health-Checks
African Payroll
IS YOUR PAYROLL COMPLIANT?
Office: + 27 11 305 1940/1 | Email: info@axiomatic.co.za | www.axiomatic.co.za
20 24

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