Remuneration is generally understood to be the payment of wages or salary, plus benefits, to an employee for work performed. It can also be used as a tool to attract and retain employees.
When an employee’s tenure with your business ends, it’s important to get it right in regard to dismissal, notice and final pay. Therefore, there are a number of things to consider with the final employee pay, your obligations, and how to make sure everyone gets what they’re owed.
Some roles within your business might be covered by a modern award and it is important to know what your obligations are for those awards.
We all have different motivations when starting out in our own business, but spending more and more time on managing staff rather than attending new business meetings is probably not one of them. Do you therefore need some help with your human resources?
Engaging employees is not just about socialising and participating in team events.
It is about:
• making individuals feel a part of the business,
• valued for the work they produce, and
• developing a good brand.
Get employee engagement wrong and you could face losing your most valuable asset, your employees.
Continue reading “Improve Your Employee Engagement”