Knowledge Hub

Employees are your most valuable asset, so let’s make sure they feel valued and recognised. This, along with your strategy, should be at the centre of your pay policy.

Benefits are hugely important for the attraction and retention of talent. In a nutshell, as a small to medium-sized company, you may have been offering heath cover and insurance, but is that what your candidates and current staff will be satisfied with?

The way people work has changed as a result of the pandemic – flexible working in some capacity is almost expected by employees. Check in to see how to develop flexible remuneration packages in line with market standards.

Pay equity can also be defined as equal pay for work of equal value. Therefore, if two people, irrespective of gender, ethnicity, religious views are contributing equal value to a company, those two individuals should receive equivalent pay.

Whilst offering competitive salaries is important in retaining and attracting the right talent, it isn’t the biggest piece of the pie which will ultimately pull or push people in and out of organisations....

Not surprisingly, our work in this area of remuneration and incentive design has grown at a rapid rate. The purpose of this article is to look at the implications of the ever changing digital world on incentive compensation design.