Reward and Remuneration

Description

In this film, HR consultant Peter Wallbridge explains the importance of ensuring fair and thorough remuneration policies based on business strategy. A business must clarify principles and policy, investigate competitors' remuneration and evaluate its own capacity to pay. It must figure out its remuneration cycle. The policy should be the basis for discussion with employees about salary. Wallbridge explains what the total remuneration capacity consists of, including creative benefits, and how to handle special allowances and premiums. He discusses whether a business should be transparent about remuneration.

Runtime

15 min 19 sec

Subjects

Database

Films on Demand

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