Tag: Memory Nguwi

 

Audit your HR practices to avoid problems in the future

A human resources audit is a tool that is used to collect and evaluate information about the state of an organization’s HR practices and policies to determine the overall effectiveness of people management practices in the organisation. The HR audit demonstrates to what extent the HR function contributes to the organisational effectiveness as a whole, […]

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 […]
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