Variable pay should depend on current performance, rather than as an indicator of future competence. Should employers take any cognisance of talent potential as well as performance when structuring variable pay schemes? Let’s first answer the question, “What is variable pay?” The concept of variable pay stems from a ‘pay-for-performance’ philosophy. Thus, variable pay is…
E-learning, with its numerous advantages over traditional learning methods, is becoming the de facto way to train. We live in a world of relentless change, where technological capabilities are frequently being refined and continued professional development is essential in any business that hopes to succeed. Continuous training leads to increased employee performance, which directly impacts…
Enterprise learning through a well-managed human capital management system enhances brand value. By the time you read this your organisation has most probably just completed its annual HR reporting period and submitted EEA2 reports, workplace skills plans and skills levy claims, to name but a few of the plethora of modern-day statutory compliance reports. These…
An engaged workforce is far more critical to profitability than many businesses realise. Big Company Limited has been around for 105 years. In 2013, Big Company was feeling rather small in the market. For the sixth consecutive quarter, the executive team was struggling to turn the business around. On the back of another negative trading…
SAICA is keenly aware of the skills shortage in the financial services industry, and of the negative effect this shortage has on accountability and service delivery in the public sector. In response, SAICA has put its money where its mouth is, collaborating with government across a wide set of projects, all aimed at improving the…
When it comes to hiring employees there are many factors to consider; ability, education, experience, psychometric fitness for the job and the need to fulfil BBBEE and transformation requirements. An ability to get on with people is, for many, another key consideration – we all work better with people we like. That the prospective employee…
At Sage Pastel we’re paying a lot of attention to accounting over the internet, and also to mobility, both of which are a direct benefit of cloud computing. We recognise that this is the most fundamental shift in how business is going to operate in the future. The move on-line is certainly one of the…
Another month – another corporate reporting standard. Over the past year a plethora of new financial and corporate reporting guidelines have been released by various bodies, including the IASB, the International Integrated Reporting Council and the Global Reporting Initiative. Sure, we do grasp that the world – and the world of business – is reaping…
I have written and lectured on how to win new business for over 30 years. Never have there been so many ways to broadcast your message and gain new business. What are you doing to win new clients? While social media seems to be the term that we currently associate with marketing, it is wise…
Perception, more often than not, overrules the facts. The way people perceive you has an enormous impact on how successful you are, and can be, in both your professional and private life. Your own unique personal brand is of critical importance and should be proactively managed to reflect the authentic you in the most flattering…
