People are our organisations’ most valuable resource. At this point in history, when technology is replicable and markets are volatile, some researchers believe that a capable and engaged workforce is the most important component for any company’s success. People are also one of the most expensive resources, particularly good people. For most businesses Employment CostsRead more
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A recent Compensation Café Classic post “making the CFO your new BFF” got me thinking about how much progress has been made in strengthening collaboration between HR and Finance. In 2013, Towers Watson released a report on “HR and Finance Partnership Opportunities” which highlighted that “HR and Finance have a shared mandate: Reduce costs,Read more
Read the recent article by Craig Pointon, Reward Consultant at Xero, on LinkedIn HERERead more
In August 2016, I posed the question “Are the days of 3% over?”. At the time, I was hearing through the members of the New Zealand Remuneration Network that some organisations were considering reducing their remuneration review budgets from the standard 3%. In that post, I encouraged our membership to think about how they wereRead more
For the first time in a long time a salary survey of corporate New Zealand is forecasting remuneration review budgets for the coming year will be less than 3%. Any remuneration professional from a corporate organisation will tell you that in the last few years the magic remuneration budget number has been 3%, regardless of organisation size,Read more
