Importance of Employment policies and procedures

Importance of Employment policies and procedures In order to smoothly run any department or business whether private or public, the employment policies and procedures play a vital role. These policies help both, employer and employee, to work according to the rules and regulations defined clearly in the employment agreement which is generally derived from the policies of the state. The employee policy includes everything associated with the working discipline of employees and employers that helps both of them to create and maintain a healthy and...

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What is considered as Breach of a shareholder agreement?

A shareholders’ agreement is a written consent or contract reached between company and some or all of its shareholders. It deals with all aspects ranging from relationship between the parties, personal rights and obligations of the shareholders.. The aim of shareholders’ agreements in South Africa is to regulate and record the relationship between shareholders and the Company, and the relationship amongst the shareholders themselves Together with the company’s articles of association a shareholders’ agreement creates internal “rules” upon which...

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