{"id":558059,"date":"2024-08-30T12:02:47","date_gmt":"2024-08-30T10:02:47","guid":{"rendered":"https:\/\/mybroadband.co.za\/news\/?p=558059"},"modified":"2024-08-30T12:09:45","modified_gmt":"2024-08-30T10:09:45","slug":"cell-cs-unlimited-leave-experiment","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/cellular\/558059-cell-cs-unlimited-leave-experiment.html","title":{"rendered":"Cell C&#8217;s unlimited leave experiment"},"content":{"rendered":"\n<p>Cell C is experimenting with unlimited leave, beginning with the organisation&#8217;s executive management.<\/p>\n\n\n\n<p>Cell C boss Jorge Mendes says if the experiment is successful, the system will roll out to the rest of the organisation.<\/p>\n\n\n\n<p>Mendes believes organisations should adapt to a new type of work, especially in high-intensity environments.<\/p>\n\n\n\n<p>&#8220;We work at such pace. To take 300 days of work and be off for two weeks or three weeks \u2014&nbsp;I don&#8217;t think that is going to cut the mustard anymore, to be brutally honest,&#8221; Mendes said.<\/p>\n\n\n\n<p>He said they are trialling unlimited leave at the first 2\u20133 layers of the executive level of management.<\/p>\n\n\n\n<p>&#8220;I have no doubt we will have one or two challenges, but we&#8217;ll deal with those,&#8221; he said.<\/p>\n\n\n\n<p>&#8220;So far, it&#8217;s proving to be very successful. I&#8217;ve personally taken advantage of it. I was away last week and I try and go every quarter for a quick break.&#8221;<\/p>\n\n\n\n<p>Testing an unlimited leave policy is part of Mendes&#8217; drive to have what he calls &#8220;the best corporate culture in the country&#8221;.<\/p>\n\n\n\n<p>Mendes has said that one of his biggest ambitions since he took the reins at Cell C in July last year was to build and foster a great, inclusive culture and team spirit.<\/p>\n\n\n\n<p>&#8220;An amazing culture will help people navigate both good and bad days,&#8221; he said.<\/p>\n\n\n\n<p>In addition to improving morale, which helps people perform at their best, Mendes said this would help Cell C attract and retain the best staff.<\/p>\n\n\n\n<p>&#8220;We&#8217;re already seeing the job applications and CVs flood in,&#8221; Mendes said.<\/p>\n\n\n\n<p>He believes key performance indicators such as revenue, profit, and profit margin will improve due to retaining talent and having a good work environment.<\/p>\n\n\n\n<p>&#8220;Profits will come as a result of the underlying culture and philosophy at Cell C,&#8221; he said.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"675\" src=\"https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2024\/08\/Cell-C-logo-reveal.jpg\" alt=\"\" class=\"wp-image-555696\" srcset=\"https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2024\/08\/Cell-C-logo-reveal.jpg 1200w, https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2024\/08\/Cell-C-logo-reveal-600x338.jpg 600w, https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2024\/08\/Cell-C-logo-reveal-768x432.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><figcaption class=\"wp-element-caption\">Logo reveal at Cell C&#8217;s recent brand refresh event<\/figcaption><\/figure>\n\n\n\n<p>Cell C previously told MyBroadband that its business stabilisation efforts started yielding results in the third quarter of 2023, when it showed its first revenue growth for the year.<\/p>\n\n\n\n<p>Cell C&#8217;s parent company, Blue Label, <a href=\"https:\/\/mybroadband.co.za\/news\/cellular\/557850-cell-c-makes-r22-million-loss.html\">released its annual financial results<\/a> on Thursday, which had some encouraging signs for the beleaguered mobile operator.<\/p>\n\n\n\n<p>However, it is still far from out of the woods. Revenue declined from R11.9 billion to R11.3 billion over the past year, Cell C posted a R22 million before-tax loss, and it remains technically insolvent.<\/p>\n\n\n\n<p>This means the liabilities on its balance sheet exceed its assets, resulting in negative equity.<\/p>\n\n\n\n<p>However, the company&#8217;s negative equity position improved substantially over the year.<\/p>\n\n\n\n<p>Assets decreased by 6% to R14.1 billion, but liabilities decreased more \u2014&nbsp;from R19.1 billion to R17.3 billion.<\/p>\n\n\n\n<p>This caused negative equity to improve by over 21%, from -R4.0 billion to -R3.2 billion.<\/p>\n\n\n\n<p>Although promising, the results showed that turning Cell C around and creating a profitable and sustainable mobile operator <a href=\"https:\/\/mybroadband.co.za\/news\/cellular\/557969-cell-c-ceo-jorge-mendes-big-chance.html\">would take a Herculean effort<\/a>.<\/p>\n\n\n\n<p>Mendes previously acknowledged that liquidity constraints required them to be strict in prioritising their focus.<\/p>\n\n\n\n<p>&#8220;Despite the numerous actions we needed to take, we had to make trade-offs, concentrate on significant impact areas, delay some initiatives, and be clinical in our spending decisions,&#8221; he said.<\/p>\n\n\n\n<p>&#8220;As a result, our teams have become smart and innovative in maximising our limited resources.&#8221;<\/p>\n\n\n\n<p>Mendes said Cell C is a lean organisation, and building the right capacity and skills quickly while driving a turnaround agenda has been a big challenge.<\/p>\n\n\n\n<p>&#8220;However, we have been addressing these capacity constraints effectively and continue to do so,&#8221; he said.<\/p>\n\n\n\n<p>&#8220;Building belief, balancing conflicting priorities, and maintaining positive energy are as important as having the right skills and capacity,&#8221; Mendes added.<\/p>\n\n\n\n<p>&#8220;These factors impact outcomes, and we have had to shift from a survival mindset to one of growth and a can-do attitude.&#8221;<\/p>\n\n\n\n<p>Mendes said their previous annual survey showed that they successfully increased internal employee engagement.<\/p>\n\n\n\n<p>They have also built strong, engaged teams beyond the exco level.<\/p>\n\n\n\n<p>&#8220;There is a new energy in the organisation, with a good cadence and cross-functional collaboration, marked by strong accountability for delivery and shared project objectives,&#8221; he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cell C is testing an unlimited leave policy. If the trial is successful, the system may roll out to the rest of the company.<\/p>\n","protected":false},"author":15,"featured_media":496469,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[14],"tags":[355,58256],"class_list":["post-558059","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cellular","tag-cell-c","tag-jorge-mendes"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/558059"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=558059"}],"version-history":[{"count":4,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/558059\/revisions"}],"predecessor-version":[{"id":558124,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/558059\/revisions\/558124"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/496469"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=558059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=558059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=558059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}