Every organisation should have their unique blueprint when it comes to designing a remuneration strategy. It can’t be a ‘one size fits all’ approach because every business and the roles and individuals within it are unique.
The industry, demographic, location, industrial legislation, competition, economic climate, and unique skill sets required all play a role in designing the right framework for the business. A remote business trying to attract skilled workers may need a more unique and competitive strategy than an inner city business where there are plenty of quality candidates. In addition, a publicly listed, private and not-for-profit organisation will all have different motivators and requirements to consider. Employers will also have different expectations based on their experience and exposure to different remuneration strategies.
This content is available to Ai Group members only
Ai Group members receive unlimited access to Ai Group Resource Centres by simply logging into our website. If you are a member and do not have log in credentials then please email us at email@example.com
Our members enjoy access to the highest quality workplace relations, health & safety, and business advice, resources and support. They are represented by a powerful voice that influences the policy changes needed for Australian industry to thrive.
To become a member of Ai Group and get access to Ai Group Resource Centres and countless other services to help your business. please contact us or call 1300 55 66 77. To learn more about the benefits of membership visit our Why Join page.