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19 May 2021
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Story Dr Nitha Ramnath
The University of the Free State (UFS), Standard Bank, and the
Mangaung Chamber of Commerce and Industry (MCCI) are pleased to invite you to a special lunchtime webinar with
Mr Allon Raiz, CEO of
Raizcorp, one of South Africa’s most successful business incubators.
The COVID-19 crisis has affected the operations, cash flow, and debt positions of most businesses, often threatening the sustainability and even the survival of businesses.
Join us for a discussion on how to think about business models that will ensure the survival and even the growth of business in the time of COVID-19.
Date: Thursday, 10 June 2021
Topic: Resilience and business in the time of COVID-19
Time: 12:00-13:30
Platform: Zoom
RSVP to:
Alicia Pienaar
by 7 June 2021
UFS salary model makes salary adjustment of 16,13% possible
2008-12-11
Staff from the University of the Free State (UFS) will receive a salary adjustment of 16,13% for 2009. This adjustment is 2,78% higher than the 13,35% that was agreed by the management and unions last month.
The UFS has received the actual state subsidy for 2009 from the Department of Education. The amount is significantly higher than previously calculated as a result of a once-off inflationary adjustment that was made.
“The good news is that, as a result of the application of our Multi-Year, Income-Related Remuneration Improvement Model, this increased subsidy can be passed on to staff members in full,” said Mr Lourens Geyer, Director of Human Resources at the UFS.
“We are grateful that we can pass on this favourable salary adjustment to UFS staff members. This adjustment makes our remuneration packages more competitive with those of other universities, and also facilitates the retention of skilled personnel. We have experienced an exceptionally challenging and difficult 2008. For this reason, we are grateful that we are able to compensate staff members for their hard work and loyal support in a special way by granting this excellent salary adjustment,” said Prof. Teuns Verschoor, Acting Rector of the UFS.
The implementation date for the salary adjustment is 1 January 2009. The adjustment will be calculated on the total remuneration package.
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Media Release
Issued by: Lacea Loader
Assistant Director: Media Liaison
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: loaderl.stg@ufs.ac.za
11 December 2008
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