The remuneration review is an important element of the remuneration strategy and cycle and directly impacts every employee. Workers place a high emphasis on this element each year, so it is important that employers do their due diligence and approach it with the tools for success.
While the remuneration review will vary greatly between organisations, there are some common themes. Employers must always be guided by legislation and the relevant underpinning industrial agreements to ensure compliance. It is recommended they seek specialist advice from Australian Industry Group.
This section supports leaders and HR professionals seeking to build their knowledge, confidence and competency in remuneration management. There is detailed information and sample templates to help employers build the right remuneration review process for the business.
Members can learn more by accessing our Remuneration Review Guide.