This section provides members with comprehensive resources, support and tools to help them to effectively design, implement and manage their remuneration and reward strategy.
Remuneration and reward is a systematic, structured process with underpinning industrial requirements. While organisations design and tailor their own unique remuneration strategy, all employers are governed by relevant awards, agreements, contracts of employment and legislation. A well thought out remuneration strategy will optimise the success and performance of the organisation by engaging and rewarding employees for the work they perform. While the addition of a ‘reward’ element is not mandatory, there is growing evidence that the appropriate use of incentives can have a strong impact on employee engagement and retention and positively contribute to the business results.
To help members access the right area specific to their needs, content guides provide a high-level overview of what to expect from the topic and each sub-toopic including a summary of individual articles, templates and tools.
The Remuneration and Reward topic contains five content guides. Members are encouraged to refer to the guides, below, to maximise the tools and resources available.
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Australian Industry Group’s Annotated Awards and WR Handbooks have long been among the services most valued by our members.
They provide a simple yet comprehensive guide to assist you in meeting your employer obligations.