The business benefits of a strong remuneration policy
Written by Don Young on February 3rd, 2020.
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Written by Don Young on January 20, 2020.
This article was published in the February Issue of New Zealand Management Magazine.
Having a stated remuneration policy in place allows an organisation to articulate clearly how it goes about setting pay. It demonstrates that the business puts thought and consideration into how it remunerates employees, taking into account the organisation's philosophy and values alongside what's affordable and sustainable.