Popular Terms. Government actions which affects the operations of a company or business. These actions may be on local, regional, national or international level. Business owners and managers pay close attention to the political environment to gauge how government actions will affect their company.
Salary payments. An annual salary is an agreement about the amount of pay for work over a 12 month period. They are often included in employment contracts. An employer and employee can agree that an annual salary covers entitlements like: 1  minimum weekly wages. 2  penalties. 3  overtime. 4  allowances. 5  annual leave loading.n annual salary is an agreement about the amount of pay for work over a 12 month period. They are often included in employment contracts.
The law prohibits payment in substitution of leave whether you as an employee agree or not. The leave days are meant to provide an employee time off to relax, so that you can come back to work with a fresh mind and full of energy.Annual leave becomes payable only upon termination/resignation or expiration of a contract and when the employee has accrued a number of leave days.he duration of annual leave is 28 days and it is inclusive of the weekly rest period and all public holidays falling therein. Annual leave is covered under Sub Part D of Part III of the Employment and Labour Relations Act, No. 6 of 2004. I am a temporary worker.