Staff Remuneration

This subject covers the knowledge required to implement an organisation's remuneration and benefit plans.

It incorporates all functions associated with remuneration including packaging, salary benchmarking, market rates reviews, bonuses and the legislative aspects of remuneration and employee benefits.

Specific topics include:

• Research on current practice, recent developments and legislative parameters for remuneration strategy
• Research occupational groups to determine those which are industrial agreement based
• Access/undertake market rates surveys regularly to ensure the organisation’s required level of competitiveness for particular occupational groups is maintained
• Aligning remuneration and benefits plans with performance management systems
• Salary package compliance: with organisational policies ,legal requirements, fringe benefits tax (FBT) and superannuation