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.