Author: Kudzai Derera
Remuneration Challenges & Recommendations – A Country Perspective
Country Wage System overview Staff costs take a big junk of what every business generates in revenue hence the high level of attention it attracts from senior corporate leaders and shareholders. Despite the significance of optimal staff costs in running a successful business most organisation have no coherent strategy to harness the value from what […]
Why Performance Management is a waste of time and resources
In most organisations, performance management is a waste of time and resources. Whilst most organisations claim to use some form of performance management systems very few have realised the full benefits of such a system. The major reasons for failure of performance management systems is poor design and implementation and general lack of political will. […]
Public Entities Corporate Governance Bill: What can be improved?
While the government should be applauded for taking steps to address corporate governance issues in public entities through the Public Entities and Corporate Governance Bill, it should be noted that the major perennial problem with state entities has not been lack of legislation to deal with violations of standards, but lack of political will to […]
Why do Employees prefer: A Good Boss or Good Remuneration
Contrary to previous research findings that indicate that employees opt for a good boss when asked to choose between that and good remuneration; our findings this year seem to contradict these findings. About half of the participants (50.3 percent) said they would rather have better remuneration (salaries and benefits) than a good boss (immediate manager). […]
Nepotism in companies must stop
The results show that there is high prevalence of nepotism in Zimbabwean organisations. When asked to indicate the prevalence of nepotism in their current organisation, of 718 employees who answered this question, 31.3% said there is high prevalence of nepotism in their organisation, 30.1% indicated moderate prevalence, 24.9% indicated low prevalence and 13.6% indicated no […]
Company vehicle benefit: Is it still necessary?
Remuneration is at the heart of most governance problems. There are various cases locally and internationally to support this assertion. Those charged with crafting remuneration systems consider their personal interest first before that of the organisation and its shareholders. Some local organisations are in an embarrassing situation where they have to cut salaries because they […]
Executive Management – Board Relations Survey Report
Introduction This report is part of a series of research we do on a regular basis to assist business leaders and employees make better decisions that improve the performance of their organisations. The aim of this particular research was to understand the relations between executive management and board members. Summary of Key Findings Most […]
“Follow your Dreams” is wrong career advice
I hear a lot of people when giving career advice even for high school students saying “follow your dreams”. This works in a few careers but does not work in many careers. Here is why. Instead in choosing a career people must be guided by their natural ability (aptitude/cognitive ability), interests, values and personality. As […]
Frequently Asked Questions on Employee Remuneration
Today we focus on frequently asked questions in relation to how employees are remunerated. These questions are often asked by employees and employers and in some cases by job seekers. 1. Who determines how much I should earn between the human resources department and my manager The manager should have input into how much their […]
Remuneration Challenges & Recommendations – A Country Perspective
Country Wage System overview Staff costs take a big junk of what every business generates in revenue hence the high level of attention it attracts from senior corporate leaders and shareholders. Despite the significance of optimal staff costs in running a successful business most organisation have no coherent strategy to harness the value from what […]
