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This profile was last updated on 11/29/13  and contains information from public web pages and contributions from the ZoomInfo community.

Labour Economist

Phone: +27 *********  HQ Phone
Adcorp Holdings Ltd.
Nicolway Bryanston Cnr William Nicol & Wedgewood Link PO Box 70635
Bryanston , 2021
South Africa


Employment History

35 Total References
Web References
Loane Sharp, a labour market ..., 29 Nov 2013 [cached]
Loane Sharp, a labour market analyst at workforce management group Adcorp, said the strike represents a desperate struggle for survival because of the NUM's loss of members, although unions in general are losing their relevance.
"The NUM is a spent force. This is the root cause of the infighting between the NUM and Numsa [National Union of Metalworkers of South Africa] within Cosatu and will likely lead Cosatu to disintegrate into a powerful public sector union and an irrelevant private sector union. We are witnessing the disintegration of the union movement."
Sharp said the unions are losing members and those members who could previously be intimidated into attending rallies often simply do not turn up. He said crowd participation by union members has fallen and only about 4% of branch members turn up at strikes. Union members lose more from the no-work, no-pay principle than what they gain in the additional increases the unions achieve, said Sharp.
He said the strikes are in the interests of union officials and not members.
Unemployment and absenteeism harming the country | Insurance Times and Investments, 1 Sept 2013 [cached]
It may have led, in part, to the growing phenomenon of temporary or "contingency" workers, many of whom fill in for other employees who are absent from work," said Loane Sharp, Labour Economist at Adcorp Holdings.
"It is alarming that sick leave in South Africa has been rising continuously over the past decade, and at present shows no signs of reversing," said Sharp.
Loane Sharp, chief analyst ..., 12 Nov 2012 [cached]
Loane Sharp, chief analyst at Adcorp Holdings, said the strong growth was likely to continue as the economy ramped up for the year-end retail season.
"Professional and clerical employment grew 3% with 17 000 jobs during the month, while low-skilled employment fell by 1.3%, equating to 6 000 jobs," said Sharp.
He said the recent 2011 population census results still did not provide clear answers on the size and economic significance of the informal sector.
"According to the 2011 census, informal sector employment amounts to 1.61-million - 27.2% lower than the Quarterly Labour Force Survey (QLFS). He said the census had cast doubt over the QLFS as well.
"Adcorp's latest estimate for October 2012 suggests that there are 6.4-million people employed, in the sense of being routinely economically active in the informal sector, representing 32.9% of total employment in South Africa," Sharp said.
Sharp fall in employment | Insurance Times and Investments, 1 Sept 2013 [cached]
However, the dismissal and resignation rates create a pervasive sense of insecurity and vulnerability among the country's 13.5 million workers, which does not bode well for the ruling party's performance in next year's election," says Loane Sharp, Adcorp's Labour Economist. Within labour market cycles, two of the most important barometers of labour market performance are the number of dismissals and the number of resignations. The important distinction between dismissals and resignations is that dismissals are involuntary whereas resignations are voluntary. "In a high-performing labour market, the number of dismissals is relatively low as the demand for labour is relatively high, whereas the number of resignations is relatively high since job-seekers feel secure in moving from one job to another," Sharp explains. Since the 2009 global financial crisis, the rate of dismissals has reached 2.38 million per quarter, its highest level in the second quarter of 2013.
Loane Sharp, labour ..., 13 Sept 2013 [cached]
Loane Sharp, labour economist for Adcorp, said the sector will see "South Africa's next labour relations crisis" and that the civil service "is on the brink of collapse".
"A large part of the impending collapse must be laid at the door of the public sector union, Cosatu, which has refused to allow public servants' wage increases to be pegged to productivity levels," said Sharp.
Performance agreements The union has also "refused to allow its members to enter into performance agreements with their employer, the state", he said.
Due to issues such as nepotism and nonpayment of salaries, "civil servants have many grievances".
The recent attempt by Finance Minister Pravin Gordhan to rein in public spending was one of several existing factors that could combine to "spark a wave of strikes and violence throughout the public sector", said Sharp.
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