Elements and Performance Criteria
- Develop organisation’s remuneration strategy
- Analyse strategic and operational plans to determine the scope of remuneration and benefits plans
- Undertake research on current practice, recent developments and legislative parameters for remuneration strategy
- Develop options for consideration by relevant managers
- Present options showing the link to organisational strategic objectives
- Ensure remuneration policies and incentive plans are agreed and recorded
- Ensure organisation is positioned as an employer of choice and regarded as a desirable workplace
- Implement remuneration strategy
- Research occupational groups to determine those which are industrial agreement based
- Access or undertake market rates surveys regularly to ensure the organisation’s required level of competitiveness for particular occupational groups is maintained
- Align remuneration and benefits plans with performance management system
- Ensure employees receive at least their minimum entitlements according to organisational policies and legal requirements
- Ensure salary packages comply with organisational policies and legal requirements, including fringe benefits tax (FBT) and superannuation
- Ensure incentive arrangements, if included, comply with the organisation’s remuneration strategy
- Review and update remuneration strategy
- Develop organisation’s remuneration strategy
- Analyse strategic and operational plans to determine the scope of remuneration and benefits plans
- Undertake research on current practice, recent developments and legislative parameters for remuneration strategy
- Develop options for consideration by relevant managers
- Present options showing the link to organisational strategic objectives
- Ensure remuneration policies and incentive plans are agreed and recorded
- Ensure organisation is positioned as an employer of choice and regarded as a desirable workplace