Author: Memory Nguwi

 

Remuneration Outlook for 2019

The economy has experienced significant changes since July 2018. The introduction of the Transitional Stabilisation Program by the Minister of Finance and Economic Development followed by the monetary policy by the Reserve Bank has brought in new challenges for businesses. The subsequent business challenges emanating from the policy changes above have brought in new challenges […]

Payment of Salaries in Forex Survey

Introduction Industrial Psychology Consultants (IPC) carried out a survey on payment of salaries in forex. The aim of the survey was to understand the prevalence of payment of salaries in hard currency and how companies are financing these practices. The economy has experienced significant changes since July 2018. The introduction of the Transitional Stabilisation Program […]
Sick Leave Trends Survey

Sick Leave Trends Survey

Introduction Absence due to sickness is of great concern and has huge economic and social consequences. The aim of this survey was to find the rate at which employees fake sick leave. Employees were asked questions related to sick leave and the general economic climate. Executive Summary In this survey we investigated sick leave trends […]

Perks Zimbabwean Employees Prefer

Zimbabwean employers have traditionally offered their employees a number of benefits as part of trying to attract and retain them. It is incumbent upon employers to periodically check if their perks are in line with what employees need and their ability to pay and sustain such benefits. We surveyed over 500 employees across all sectors […]
How do you decide what to pay an individual employee?

How do you decide what to pay an individual employee?

Whatever amount you decide to pay a new employee or one who has just been promoted brings some level of risk to your business. The risk is that the individual may fail to deliver while you have tied the organisation into a high-cost structure. The euphoria of getting a new person on-board sometimes works against […]

Ranking of Local Universities (Zimbabwe) by Quality of Graduates: An Employer’s Perspective

Industrial Psychology Consultants (Pvt) Ltd carried out a survey to gauge the perceptions of employers with regard to the quality of graduates coming out of local Universities. The survey targeted Human Resources Professionals specifically and extended the invitation to other senior managerial roles. These participants were chosen for their experience in recruiting and selecting graduates […]
Are you doing team building the right or wrong way?

Are you doing team building the right or wrong way?

When people work together as a team in every endeavor of life they tend to achieve more than individuals. Most organisations have a budget item on team building every year for various teams in the organisation, including executive teams. What is surprising though is that most of the team building interventions fail. They fail because […]

Interpreting Salary Survey Data

A salary survey is the process by which internal job descriptions are matched to external jobs with similar responsibilities to identify the market rate for each position. Failure to remunerate employees comparably results in failure to attract key talent as well as an exodus of your employees to your competitors. Therefore, it is imperative that […]

The right procedures for selecting a CEO and other Executive Director level staff

Looking at our situation in Zimbabwe we have seen of late most senior executives being dismissed for various reasons. Some of the reasons are genuinely related to poor performance but a large number of these are on the basis of personality clashes between the Board and the concerned executives. In this article, I want to […]

2018 Salary Surveys Out

It’s that time of the year!! Check out if your salary or your employees’ salaries are competitive with market rates. Let’s do business:


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