Remuneration, Compensation & Benefits

Ask yourself…

  • Would you like a better-motivated workforce?
  • Why should you differentiate between good and not so good performance?
  • Do you have an appraisal system and is it easy to administer?
  • Do you agree that appraisals are for all employees including your senior executives?
  • How do you implement your rewards strategy?
  • What is performance-related pay?
  • How do you benchmark pay and benefits in your industry?
  • Would you like access to salary and benefits data on-line?
  • Why consider the added value of non-cash benefits?

Recruit - Recognise - Reward - Retain

While the old adage of the four “R’s” is obvious to many, it’s surprising how many companies assume loyalty is automatic and ignore the very real returns when a positive approach to developing and maintaining a skilled and loyal workforce is taken. Kevin Golder explains how being successful in business is all about the four Rs.