Soma consults to directors, managers and the trustees and principal officers of insured and self-insured pension schemes and provident funds on the full spectrum of human capital management – extending from absenteeism tracking and case management to disability assessment, incapacity management and health risk benefit under-writing.
“There is a critical need to address an organisation’s greatest asset – and its greatest liability; namely, its employees.” – The Soma Initiative
Sophisticated software applications
Soma has also developed sophisticated software applications within a cutting-edge IT infrastructure, to manage our range of consulting services on a national basis and from multiple sites, whether the client is based in Johannesburg, in Cape Town or elsewhere.
Why Soma’s focus on human capital management? Here’s an illustration:
If a mere 1% of a company’s employees are absent, that company’s production falls by 2.5% – a daunting number in today’s economic climate. Corporate decision-makers must become aware of the real costs of absenteeism, together with the long-term implications of accelerated employee morbidity and mortality for medical aid and general healthcare costs, and for the risk benefits linked to temporary or total and permanent disability.
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It is an economic paradox, a dichotomy: We have the unemployed crying out for jobs and we have the employed not fulfilling their employment contracts.
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