Remuneration is a term that refers to the payment or compensation for work or services. Organisations seek to have a strong remuneration strategy to assist in the attraction and retention of a strong, talented workforce. There are many aspects to remuneration and whilst it will usually have its own policy, it also falls as a key part of the overarching business and people strategy. When done well, it will also contribute to the organisation’s success. This document comprises some of the most common FAQs in the Remuneration process.
Employers can also access detailed information here on Remuneration. In addition, employers can view our comprehensive Reward and Recognition sub-topic here.
Employers who require additional information should seek advice from Ai Group. Please call our Workplace Advice Line on 1300 55 66 77 for further assistance.
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