Incentives rule the world. Ask any economist worth their salt and you’ll be bombarded with study after study that shows just how malleable human behaviour is to external incentives. As social creatures, trying to make our way through the world, we are responding to financial, social, and psychological incentives all the time. As a company, […]
Why are we paid at the end of the month or after 30 days of work? Simply put, the 30-day pay cycle is a construct that was conceptualised during the Industrial Revolution and we have kept this ever since – because the arrangement suits companies and their cash flow. This may benefit companies but this […]
South African Employees are facing a ‘Payday Poverty Cycle’! Why is that and what can be done to mitigate this?
Siya is a 28-year-old man working in Gauteng and earning a typical salary in his current employment as a call centre agent. Like many other working South Africans, he gets paid at the end of each month. During the month, Siya was confronted by a few unplanned expenses. His car broke down, and he had […]
SmartWage is here to help hard-working people remain financially secure during difficult times, but we recognise that there are many practical and proactive steps anyone can take to ensure they can make ends meet and endure the strains posed by difficult times (like pandemics and lockdowns). One of these steps is budgeting, something not nearly […]