TOPICS
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The following focus areas have been researched and are covered in this publication:
(Click on any item under Section head to see a brief overview of that section.)
Section head: |
Subject matter: |
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Remuneration policy
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The labour market in SA; remuneration strategy; managing human resources |
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Guaranteed pay
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Job grading and evaluation; benchmarking; competency-based pay and merit increment policy; total package approach |
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Variable pay
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Performance-based incentives, performance bonuses, gainsharing, production bonuses, profit-sharing; achievement and suggestion award schemes |
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Performance management
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The framework of the system; key performance and result areas; procedure and control; support systems |
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Sales incentives
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The scale and form of commission; performance-based incentives; achievement prizes; package structuring |
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Senior executive remuneration
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Motivation and retention strategy; forms and scale of short-term incentives; share-based and other long-term incentives; employment benefits; package structuring |
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