SABPP Fact Sheet : Remuneration : Recent Trends
Remuneration is also a very important part of the Talent Management strategy within any organisation, and forms part of the key elements for succession, retention and attraction of talent. The idea of remuneration differs from person to person, and an employee’s worth is therefore valued through recognition but also in financial and non-financial terms (remuneration). HR professionals have to display skills when dealing with remuneration packages of employees, to ensure that they are recognised financially in a fair and affordable way. This fact sheet will assist HR professionals with a solid understanding of remuneration.