Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
SME recruitment AI cuts costs, boosts efficiency
Business Brief
|BusinessBrief October/November 2025
Small businesses around the world face significant challenges when it comes to hiring, and South Africa is no different. Many Small and Medium Enterprises (SMEs) manage recruitment internally or have never handled it before. This can lead to costly inefficiencies, mistakes, and lost opportunities.
Fortunately, Al-driven recruitment solutions offer a way to reduce these costs considerably while making the hiring process smoother and more effective.
Hiring challenges for small businesses
Hiring involves complexities beyond just salary costs:
- The average total cost of hiring in South Africa - including recruitment, onboarding and lost productivity - ranges from R63,000 to R80,000 per mid-level employee.
- Small businesses often have to react quickly to fill roles, which can result in poor hiring decisions and costly turnovers.
- Competing for skilled talent against larger companies with more extensive HR resources presents a substantial challenge.
- Many small businesses lack dedicated HR professionals, meaning recruitment requires significant time and effort from owners or managers.
Denne historien er fra BusinessBrief October/November 2025-utgaven av Business Brief.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Business Brief
Business Brief
Hybrid DCS evolution - bridging legacy and digital control
Today's industrial automation continues to evolve at a blistering speed which means traditional Distributed Control Systems (DCS) have to keep up to ensure continuous integration into modern, digital infrastructure.
3 mins
BusinessBrief October/November 2025
Business Brief
Cyberbreach insurance - ambiguity favours "for" the insured
In Alice Kane New Mexico Health Connections Inc v. Syndicate 2623 623 Lloyd of London Beazley USA Services Inc (2025),[1] the court was required to consider the coverage provided by the insurer's cyber insurance policy for a claim of damage to a third party \"for a security breach\".
2 mins
BusinessBrief October/November 2025
Business Brief
Al-to-Al engagement - humans optional!
The near future holds the potential for a transformative scenario where a procurement Artificial Intelligence (AI) platform negotiates directly with another company's Al platform. Al interaction could lead to seamless supply agreements with no delays, coffee breaks or human intervention.
6 mins
BusinessBrief October/November 2025
Business Brief
Penetration Testing as a Service (PTaaS) - closing the vulnerability gap
Penetration testing is a cornerstone of any effective cybersecurity strategy - it reveals critical system weaknesses and vulnerabilities, enabling them to be fixed before they can be exploited. However, as cyberthreats have grown in sophistication, frequency and impact, traditional approaches have begun to fall short and ticking a box annually for compliance purposes will not adequately protect any organisation.
2 mins
BusinessBrief October/November 2025
Business Brief
Unit trust tax trap - draft bill hides a “stealth tax'
For millions of South Africans, a unit trust or a portfolio of a Collective Investment Scheme (CIS) is one of the pillars of their financial future, serving as a vehicle for retirement savings, children's education funds, and long-term wealth creation. Under National Treasury's proposed amendments in the draft Taxation Laws Amendment Bill (TLAB), these CIS investors could face an unexpected tax bill on their holdings even if they have not sold any units.
3 mins
BusinessBrief October/November 2025
Business Brief
AI search readiness - immediate, imperative and imminent!
What does it really mean for businesses to protect their online visibility in an AI-first world? The rules of discovery are changing, and the shift to Generative Engine Optimisation (GEO) isn't just theory - it's already here.
2 mins
BusinessBrief October/November 2025
Business Brief
The Rockefeller Hotel ...where business travel breaks the mould
Corporate travel in 2025 is shifting away from anonymous “beige” hotels with their predictable décor and copy-paste amenities. The Luxury Travel Report 2025 notes that 70% of premium travellers believe hotels have “lost their soul,” while three-quarters refuse to pay for “generic luxury.” Today’s business travellers want hotels with personality, purpose, and a sense of place.
1 min
BusinessBrief October/November 2025
Business Brief
Tax court ruling - proof of income lies with taxpayer
While it is entirely within a taxpayer's rights to contest the outcome of a South African Revenue Service (SARS) assessment, doing so requires thorough preparation. This means ensuring that documentation is accurate, consistent, and properly presented, and that the explanation they provide does not change.
3 mins
BusinessBrief October/November 2025
Business Brief
Purposeful leadership in learning
In a world that often confuses visibility with value, I've learned that true leadership doesn't always speak the loudest. Sometimes, it speaks most clearly through intention, inclusion and integrity. And often, it's women who model this kind of leadership - quietly, consistently and impactfully.
2 mins
BusinessBrief October/November 2025
Business Brief
Talent attraction and retention - reimagining SME employee benefits
In today's business environment, Small and Medium Enterprises (SMEs) face a critical challenge - attracting and retaining top talent while managing tight budgets. Traditional employee benefits packages, centred around comprehensive medical scheme benefits and pension funds, have long been the gold standard in the corporate world. However, these offerings often prove financially prohibitive for smaller businesses and are even less accessible to lower-income employees.
3 mins
BusinessBrief October/November 2025
Listen
Translate
Change font size