Many employers have employees that potentially qualify for the Employment Tax
Incentive (ETI) but disqualify themselves from claiming the benefit by overscheduling
employees, effectively pushing them over the maximum salary limit required by the ETI.
These are lost ETI benefit opportunities and can run into millions of rands in unrealised
benefits for large companies. PRP Solutions ’ Honeycomb platform, with its employee
scheduling and planning tool, identifies potential ETI candidates and assists planners to
avoid the over-planning that results in the employee being disqualified from an ETI
claim.
The ETI scheme allows South African employers to claim a PAYE tax rebate for
employees between the ages of 18 and 29 years, earning a gross salary of less than
R6 500 per month. The scheme is aimed at boosting the employment of young work
seekers. “Our Honeycomb management portal enables the employer to maximise their
ETI benefit by ensuring that any employee who potentially qualifies for the ETI benefit is
not disqualified from this through planning too many shifts or hours,” explains Kriya
Govender, CEO, PRP Solutions.
The Honeycomb Management Enablement portal is a cloud-based solution that
automates different personnel management and administrative tasks. It also integrates
with the employer’s payroll and HR systems. It enables real-time, agile and highly
efficient management of employees.
While an employer’s payroll system usually ensures tax compliance, the Honeycomb
solution can provide an early warning if inefficient planning will disqualify a candidate
from ETI later, when the payroll is run. “The rules in the Honeycomb system ensure that
calculations for payroll are compliant with labour regulations, sectoral determinations,
company policies and employment contracts. The platform’s planning tools also ensure
that requirements are met in terms of rest periods and maximum hours of work,”
elaborates Govender.
Noting the high level of unemployment among the youth, Govender reiterates the value
of work experience – and the ETI scheme – as a contributor to future employment. PRP
Solutions is playing its part, offering a number of learnership and graduate internship
programmes for young entrants to the job market. And the company’s Honeycomb
platform enables its customers to make the most of the ETI benefits. “By enabling
employers to maximise their benefit from the ETI, PRP Solutions maximises the value of
the incentive and hence supports the overall scheme in maximising youth employment
opportunities,” concludes Govender.
The ETI scheme allows South African employers to claim a PAYE tax rebate for
employees between the ages of 18 and 29 years, earning a gross salary of less than R6
500 per month. The scheme is aimed at boosting the employment of young work
seekers. “Our Honeycomb management portal enables the employer to maximise their
ETI benefit by ensuring that any employee that potentially qualifies for the ETI benefit is
not disqualified from this through over planning (planning too many shifts or hours),”
explains Kriya Govender, CEO, PRP Solutions.
The Honeycomb Management Enablement portal is a cloud-based solution that
automates different personnel management and administrative tasks. It also integrates
with the employer’s payroll and HR systems. It enables real-time, agile and highly
efficient management of employees.
While an employer’s payroll system usually ensures tax compliance, the Honeycomb
can provide an early warning if inefficient planning will disqualify a candidate from ETI
later, when the payroll is run. “The rules in the Honeycomb system ensure that
calculations for payroll are compliant with labour regulations, sectoral determinations,
company polices and employment contracts.
The platform’s planning tools also ensure that requirements are met in terms of rest periods and maximum hours of work,” elaborates Govender.
Noting the high level of unemployment among the youth, Govender reiterates the value
of work experience – and the ETI scheme – as a contributor to future employment. PRP
Solutions is playing its part, offering a number of learnership and graduate internship
programmes for young entrants to the job market. And the company’s Honeycomb
platform enables its customers to make the most of the ETI benefits. “By enabling
employers to maximise their benefit from the ETI, PRP Solutions maximises the value of
the incentive and hence supports the overall scheme in maximising youth employment
opportunities,” concludes Govender.
