Strategic Pay were proud to work with the EMA to develop a single, comprehensive remuneration structure that could be introduced into the organisation.
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About the Business
The Employers and Manufacturers Association (EMA) is part of a nationwide network that includes BusinessNZ, Business Central, Canterbury Employers’ Chamber of Commerce and Business South. They have offices in Auckland, Hamilton and the Bay of Plenty. The EMA supports businesses through advice, learning and advocacy to create a business environment where their members across all sectors and industries can recover, transform and grow.
The Goal
The EMA approached Strategic Pay to develop a single, comprehensive remuneration structure that could be introduced into the organisation. Marcus Hong, Technical Consultant and Cathy Tucker, Consultant worked closely with the Head of People & Support Services to understand the objectives.
The Solution
The EMA have approximately 65 unique roles. The first step in the project was to create a job matrix for these roles, showing the relative size of the jobs. A full job evaluation was conducted for approximately half the positions, and the remaining roles were mapped to the framework. Market data was analysed for the positions, and the existing rates of pay for all employees were reviewed against the external remuneration market. The practice of job sizing, the relevant external market comparator, and the link of performance to pay were incorporated into a remuneration policy for the EMA.
The Result
Training was provided to two of the EMA’s employees on job evaluation methodology and how to utilise Strategic Pay’s specialised software RemWise effectively. RemWise provides detailed analysis of remuneration components including performance and market data. This internal expertise means the EMA will be more self-sufficient in maintaining the EMA’s remuneration framework and conducting their annual salary review process.
Download a copy of the case study HERE>