Understanding the Key Differences between Retrenchment and Severance Package

Navigating the complexities of employment termination can be challenging for both employers and employees. Understanding the difference between a retrenchment package and a severance package is crucial, as the two

How NSSA Contributions Are Now Calculated

NSSA contributions are based on 9% of an employee’s insurable earnings, with 4.5% paid by the employer and 4.5% by the employee. However, there’s a ceiling—contributions are calculated only up

Understanding NSSA’s New Multi-Currency Upload Requirement: What It Means for Your Payroll and How Belina Handles It

The National Social Security Authority (NSSA) has updated its online portal to support multi-currency payroll reporting. If your organization pays employees in both USD and ZWG, this change directly affects

Retrenchment Processing in Belina Payroll Using FDS Average

Processing a retrenchment package in Belina Payroll requires compliance with labour laws, correct tax treatment, and accurate payroll input. This article details the key aspects of this process, providing a