Find out more about how to use your company's pension, provident fund and group risk benefits for COVID-19.
If you have a retirement fund or similar arrangement in place for your employees, it is important that you do not panic during the market volatility, and not change anything with out proper advice.
Contributions should continue as usual for as long as possible, but if this is not an option then a contribution holiday may be allowed subject to the rules of the fund you belong to.
Contact your fund representative to understand your options.
Reach out to your insurer and check the policy conditions of the group risk benefits you are paying for your employees.
Many providers, such as FNB Life, offer free services which provides meaningful support to your employees at no charge to them(such as legal advice and telephonic counselling for mental health or financial troubles).
These may be particularly relevant in this difficult time.
As the working world adapts to a new normal, entrepreneurs are finding ways to to ease the strain on their employees and keep their office culture intact while making health and safety a top business priority.
We appreciate the sacrifice of every health worker and the essential services operating during the COVID-19 lockdown.
This article is part of our tips for entrepreneurs' series designed to help business owners protect their employees and businesses amid the pandemic
