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Remuneration management is the process of operationalising the organisations strategic objectives and creating the underpinning policies and procedures that serve to link each employee’s remuneration to the objectives of the organisation.
To achieve this, remuneration management should be closely linked to the performance review process. Without this link, remuneration management becomes a process limited to passing on increments in salary or wages with little or no planned reward for the organisation or the employee.
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