REMUNERATION & BENEFITS
REMUNERATION & BENEFITS
Companies are always looking for ways to improve the offering they have for staff, particularly the really good employees they wish to keep.
For some companies, there is a need to implement systems that provide fair and accurate information, looking to: internal parity – whether there are variances in pay for staff that do similar work; how the pay structures of the company compare to the external market; and what the company can afford.
In the area of Remuneration we can:
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Review your current remuneration structures and offer advice on possible changes or additions
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Arrange for Job grading – measurement of relevant job positions within the Company
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Arrange for submission of data to, and comparison with, Market surveys
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Formulation of review instruments for management for Annual and intermediate reviews from HR payroll data available
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Set up Cost to Company remuneration models
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Provide amendments to contracts for affected staff based on outcome of reviews
In the area of Benefits we can:
- Guide our clients in assessing service providers for implementation of Retirement funds, Medical Aid or medical assistance schemes
- Review your current Benefit structures in light of your Company culture, and suggest other benefits, not necessarily of a monetary nature, that can make staff feel acknowledged and appreciated