Loane Sharp

Labour Economist at Adcorp Holdings Ltd.

Nicolway Bryanston, Bryanston, South Africa
Adcorp Holdings Ltd.
HQ Phone:
+27 11 244 5300
Wrong Loane Sharp?

Last Updated 3/15/2012

General Information

Employment History

Labour Market Analyst  - Adcorp

Web References  

Adcorp's Index shows job losses, absenteeism costing the country

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.

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Unemployment crisis pending despite R150 billion jobs promise

This is according to Richard Pike, Loane Sharp and Ted Black, authors of The New Divide, a book which scrutinises the root causes of the pending unemployment crisis and is being launched in Johannesburg today.
Loane Sharp is a Labour Market Analyst at Adcorp Holdings and Ted Black is an executive mentor and coach and writes regularly for the business media.

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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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