Remuneration and Rewards
HR's role in determining the level of salary and benefits for a position or employee is an important factor in the attraction, engagement, motivation and retention of employees. While often a specialised role, this topic provides an overview of remuneration, reward, engagement and motivation considerations and what, in addition to salary, an organisation can offer an employee to improve their engagement and motivation.
This topic covers what needs to be considered when setting salaries within an organisation including salary packaging and how to find and utilise salary surveys.
Rewards and Benefits
This topic covers the non-salary rewards and benefits that can be offered to employees to recognise the contribution they make in their role. This section includes both tangible (bonuses, technology, vehicles etc.) and intangible benefits (positive culture and climate, flexible work practices etc.) which contribute to an employee's motivation, engagement and retention.
Motivation and Engagement
This topic covers what other aspects outside of salary and other benefits are important to employees and help to drive their engagement with the organisation and their motivation to perform well in their role.
This topic covers what aspects should be considered in retaining employees in their role or within the wider organisation and the role HR can play in ensuring the right employees are retained to meet the current and future needs of the business.