As a result, business leaders fail to fully understand their remuneration strategy, the market factors that need to shape it, and the impact of remuneration on attraction, retention, motivation and performance within the organisation. While better remuneration alone won’t always lead to more discretionary effort, having a poor remuneration strategy can be a factor in under performance and disengagement of key talent.
As trusted advisors, Gerard Daniels works closely with Boards, CEOs and Executives to really understand the market influences on remuneration, and to understand how a business needs and wants to compete. Equipped with this knowledge, we support the Board and Executive in defining an organisational-wide remuneration strategy that is cost effective, fit for purpose and strategically aligned.
Need to re-think your remuneration strategy? Talk to us today