Tag: IPC

 

What every CEO needs to know about employee remuneration

Employee remuneration, beside it being one of the major expenses most businesses incur, very few CEOs understand how it should work. They rely mostly on the human resources manager for advice. This is all good but it’s better to get advice when you have basic understanding of remuneration systems to avoid being misled. Pay structure […]

Paying Bonus in the current environment is giving free money

We carried our research to find out what percentage of organisations paid a bonus in 2016. A total of 41 Human Resources Professionals responded, representing 41 organisations. The findings are outlined below. • 65.9% of the participating organisations paid bonuses in 2016 and 34.1% of the participating organisations did not pay bonuses. • 39% of […]
Giving sales incentives is giving a free salary

Giving sales incentives is giving a free salary

Most companies with sales staff tend to offer sales incentives in the form of commissions or other forms of incentives. The key question to ask for every business running such scheme is: Does paying incentives increase sales? If your answer is yes do you have enough proof to back this assertion? Here are the reasons […]

Strategy Formulation Season is upon us: Is it going to be another corporate annual holiday?

Most employees now label the company strategy formulation workshops the “Corporate annual holiday” because nothing of significance comes out of most of these sessions. Strategy formulation during this time of the year has become a ritual. Executives take time to go and enjoy a few drinks away from demanding customers and employees. When they come […]
Improving Organisational efficiencies using Total Factor Productivity Measurement

Improving Organisational efficiencies using Total Factor Productivity Measurement

The Challenge… In this post, we present the results from a research study on using productivity measurement models to determine the sustainability of profits at a local company in Zimbabwe. Given the tough economic environment that Zimbabwean companies are operating in, this particular company felt that it was crucial for them to know if their […]

Seven reasons why you should exercise caution when interpreting financial statements

Being a Psychologist, issues of finance never used to worry me until I started running my own business 12 years ago. Ever since I started the journey of self-learning financial matters, I have discovered things that I never thought attered. I have missed opportunities where I could have added value on issues to do with […]
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