BUSINESS INFORMATION SHEETS > HUMAN RESOURCE MANAGEMENT > RENUMERATION > Remuneration (HR 26)
The right reward
Get your remuneration packages right and you will attract reliable employees with the skills your business needs for success. Get them wrong and you will be unable to recruit these people or hold on to them. Since the remuneration package is the most visible part of any job offer, you must pitch it right to interest the right people. But even that can be easy, compared with fine-tuning the rewards to keep good people with you.
This briefing covers:
- Deciding how much to pay.
- Structuring pay and benefit packages.
- Using non-financial rewards.
- Handling pay reviews.
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