Liberating labour’s work ethic

2008-08-18 00:00

A successful economy has everything to do with labour. In order for South Africa to become a truly first-class performer, we need to find ways of managing and remunerating labour that ensure every worker wants to produce the highest possible level of output with the least amount of associated cost.

The reason we need a new economic blueprint is that our current economic strategy is not producing to the required level. The cause has everything to do with productivity levels and particularly, the way in which we pay our employees. We need to abandon the current remuneration system — the fixed wage and negotiated annual increase — and replace this with a new methodology that is capable of rewarding every worker with as much as is possible.

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