Written by Lyn Brieseman on April 1, 2020.
This article was published on https://www.hcamag.com.
In our experience, most Not for Profit (NFP) organisations would agree that they strive to develop remuneration systems that are:
Kia Kaha New Zealand!
Another week and another lockdown for Auckland! This is certainly feeling very similar to this time last year; however, we are better equipped and able to respond quicker now to these disruptions.
During this pandemic we have developed a number of guidelines in how we will work within each Alert Level across the country. Throughout each Level we will remain open for business to support both essential and non-essential businesses with the different issues they are facing.
Our Strategic Pay Senior Consultant, Christine Whelan examines the debate around salary increases being based on CPI and why this may not be the best idea.
Let’s forget for a moment the fact that CPI doesn’t always move positively and consistently upwards – over the last 5 years it’s ranged between 0.5% and 2.5%, while the remuneration market movement has remained at a reasonably steady 2 – 3%. Remuneration market movements, since they inevitably reflect employers’ ability to pay, already take into account CPI, while not being driven solely by it.
We have the great pleasure of announcing the appointment of Cathy Hendry as the new Managing Director at Strategic Pay effective from today, 25 January 2021.
Strategic Pay are pleased to announce that our complimentary Pay at the Top Booklet for 2020 is now published! Through in-depth analysis, we cover current trends and practices relating to the payment of Chief and Senior Executives and Director Fee Levels across New Zealand.
The Market Information team is pleased to announce the publication of the 2020 September Remuneration Report.