Some employees have had their salaries cut by 40%, with no indication of when the reductions will be withdrawn.Take a 40% salary cut or there will be no job to return to after lockdown.
Molefe is one of a growing number of employees with much less money and debt counsellors are seeing an increase in consumers making debt review inquiries. A person is declared as having an impaired credit record when they have not paid an account for three months or more. Johannesburg IT specialist Riaan Venter, whose salary was cut by 20%, said employees at his company were told the organisation was trying to safeguard the business.
South Africa received foreigner money to help with coronavirus ! Give a universal bailout ! The Politician's are stealing everything !
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