Administration Services Report

Theresa Crowley Association Manager

ASSOCIATIONS

The FY2021-2022 was an extremely challenging year not only for SEIFSA and its affiliated member companies, but also for the South African economy, primarily due to the unrelenting COVID-19 pandemic, the July unrest as well as the three-week strike in the metals and engineering sector.

Although the three-year Settlement Agreement that ended the three-week long strike on 21 October 2021 was not perfect, in the final analysis and insofar as the SEIFSA represented grouping of companies was concerned, it offered employers something that was of importance to them. For the affiliated membership, that was a return to the granting of wage increases on rand and cents, which was last observed 29 years ago.

Notwithstanding the above, the Association continue to function as going concerns – the Associations have an average longevity of 64 years which is a testament to their respective members’ resilience to survive under such harsh conditions and we thank all the members for having stood by their association.

Many of the associations, supported by SEIFSA, offered struggling companies’ temporary financial relief.

ADMINISTRATION AND FINANCIAL SERVICES

Secretarial and Accounting Services

In addition to the industry services offered by SEIFSA, the Federation also provides a secretarial and accounting service to some of the constituent employer associations.

These include the following specific services:

Accounting

Administrative and Secretarial

Communication and Liaison Compliance

Marketing (including membership retention and recruitment

In keeping with SEIFSA’s loyalty programme, the Federation has the following membership recognition structure:In keeping with SEIFSA’s loyalty programme, the Federation has the following membership recognition structure:

470

Standard member companies 1 - 9 years

For the 2021/2022 financial year, we have 470 companies receiving standard membership

374

2 235

Bronze member companies 10 - 24 years

For the 2021/2022 financial year, we have 374 companies receiving bronze membership

Silver member companies 25 - 40 years

For the 2021/2022 financial year, we have 235 companies receiving silver membership

In keeping with SEIFSA’s loyalty programme, the Federation has the following membership recognition structure:

2 56

Gold member companies 50 - 69 years

For the 2021/2022 financial year, we have 56 companies receiving platinum membership

22

Platinum member companies 70 + years

For the 2021/2022 financial year, the number of companies receiving platinum is 2 companies

Theresa Crowley

Associations Manager