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Keep up to date with the latest remuneration trends & information
Article: Our approach to effectively managing rewards communication
At Strategic Pay a big part of what we do is work with organisations to develop and implement changes to their remuneration structure. Communication is a key step in such a change process. However, experience suggests that communication doesn’t always take...
Article: Challenges businesses could face when approaching total rewards
Various factors influence what type of rewards, both monetary and non-monetary businesses should offer, from the composition of its workforce to the way staff expectations shape what is required.Let's consider the different facets New Zealand organisations in...
Article: How you can recognise your millennial workforce
Organisations that spend more than 1 per cent of their payroll on recognition efforts experience positive effects on employee engagement levels. That is what the Society for Human Resource Management discovered in its employee recognition survey. And while this can...
Article: In Focus – Strategic Pay at the HR Leaders’ Conference
This year's HR Leaders' Summit takes place on April 4 at the Grand Millennium hotel, Auckland. The conference, now in its fifth year, will see industry leaders come together to discuss the hottest topics in HR consulting. Insights will include the role of human...
Article: How to keep employees engaged with a tight budget
Employee engagement can be a hard nut to crack for many businesses - especially when you're faced with a tight budget. A key challenge for organisations with restricted finances is, inevitably, to find a balance between remuneration expectations and what is...
Article: How to effectively measure performance
An organisation's employee performance is the backbone of success. Whether that comes with cultural, financial or environmental benefits, when a business' workers function well, it has a positive effect on all other aspects. Yet, simply knowing that your company is...
Article: Remuneration trends for 2017
Let's assess the findings of our 2016 remuneration survey before jumping into remuneration trends for 2017 and what this means for your organisation. A brief review Last year, New Zealand maintained a solid momentum within its economy. At the same time, global...
Article: Innovative ways to improve your staff retention
The start of a new year is often a popular time for employees to actively look for new jobs, leaving some employers asking why. Frequently, staff leave due to a number of factors, not just one issue. Let's consider first what a high turnover really means for your...
Article: CEO pay in Not-For-Profits – It’s not about the money
The not-for-profit (NFP) sector in New Zealand contributes more than $7 billion to the country's GDP, according to a study by BERL Economics. With this in mind, it's important to understand how remuneration differs between not only industries in general, but the...
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