In addition to a basic salary, companies provide employees with another form of cash award. This is included in the employee’s remuneration package and are what we refer to as ‘allowances’.
Most organisations I have come across throughout my HR consultancy experience, so far, have never considered carrying out an HR audit.
We are naturally troubled when an employee hands in his/her resignation letter. This action subconsciously triggers many concerns.
An employee handbook is a manual for employees to be guided on what to expect from the company they work for. The manual also outlines what is expected from them as employees.
We all know that investing in training and development can be of great benefit to an organisation: leading to increased job satisfaction, motivation, employee retention, enhanced company image just to mention a few examples.
All data needs to be inputted into a database to be analyzed properly. Excel or SPSS are valid packages one can opt for to carry out this analysis.
Before proceeding to the actual data collection, the company must first set the parameters (time period, budget allocation) the company is willing to invest in this exercise.
Companies generally opt to conduct salary survey to better gauge their position vis-à-vis their direct competitors in relation to the limited labour market they all scout from.
It has happened to most of us – disgruntled, demotivated employees come up to us complaining that they are being paid below the average market rates.
Harmony at board level is critical to a company’s success, but perhaps even more important is the healthy relationship between the board of directors and the CEO.
