The South African Payroll Association (SAPA) is conducting a survey on the country’s payroll systems to obtain insights into South Africa’s payroll deductions landscape.
The survey is being conducted on behalf of the National Treasury, South African Reserve Bank, Financial Sector Conduct Authority, National Credit Regulator, Department of Public Service and Administration, Department of Trade, Industry and Competition, and the Department of Employment and Labour.
“The results of the survey will assist to accelerate the process of finalising an informed, robust and comprehensive regulatory position on payroll deductions in South Africa,” said the departments in a joint statement on Tuesday.
The survey follows the publication and consultation process of the “Joint Consultation Paper: Regulatory proposals on payroll deductions” that was published in March 2018.
The regulatory proposals explored in the consultation paper seek to achieve a safe and efficient payroll deduction system that works in the interests of employees.
All entities, organisations, companies and municipalities who operate a payroll system are requested to complete the survey.