Designing an equitable remuneration policy

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All organisations, regardless of size, benefit from a remuneration policy, whether remuneration is set by award, enterprise agreement or common law contract. Benefits include:

  • consistency in remuneration-related decisions
  • transparency in the process for setting remuneration
  • employee satisfaction as they know how remuneration is set and what assistance is available
  • guidance and support for managers when determining remuneration decisions
  • guidance and support for managers on avoiding bias
  • contributes to a sound and effective risk management plan.

 

For guidance on incorporating gender equity into your remuneration policy access the guide below:

Designing an equitable remuneration policy

All organisations, regardless of size, benefit from a remuneration policy, whether remuneration is set by award, enterprise agreement or common law contract. This guide outlines the benefits and features of an equitable remuneration policy.