Remuneration Reviews

So that you attract and retain the best available people, it is an organisations obligation to compensate staff by offering a salary that is comparable with award and industry rates.  Financial compensation is only part of the package and may not always be the primary reason why staff stay with or leave a company, though it is an important consideration which should be reviewed regularly.

In addition to remuneration, companies should keep abreast of what their competitors are doing with respect to industry trends in areas such as performance based incentives and profit sharing.

Some relevant remuneration data from comparable companies include:

• TEC/TRP approach
• Salaries
• Fringe benefits
• Superannuation
• Performance bonuses and incentives
• Valuation of shares, options, etc
• Employee Share Plans

To assist you with this comparison, our Consultants have specialist industry knowledge - this is vital when recommending a representative sample of companies to survey and describe the scope of each job being reviewed.  Through our recruitment experience we have an extensive network of contacts within each industry sector which enables us to discreetly source commercially sensitive information without breaching confidentiality.