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.
Latest News
11/25/2011
“WE CAN MAKE A DIFFERENCE” is a concept a friend and I discussed for months. Rather than continuing the discussion, we decided to put the idea into action. A day of fun and games for thirty or so under-privileged children between the ages of four and seven was our goal. ... read more...11/15/2011
Optimal business performance demands input cost minimization and output benefit maximization. Human capital is an essential input cost that presents unavoidable but manageable threats to company productivity and concomitant financial performance.
... read more...9/27/2011 3:34:17 PM
Labor Office: Negligent officials will be held accountable... read more...
