In spite of the recession, HR/Reward practitioners must keep up to date with trends and developments on pay. Remuneration offers a great opportunity to drive new strategic imperatives by continuously seeking ways to enhance attraction, retention and motivation of top talents in a cost-effective manner.

We are pleased to present the summary of findings from the remuneration surveys we conducted across key sectors of the economy in 2015. Our objective is to equip stakeholders with the right information to empower informed and accurate decisions that can potentially save cost, at a time of heightened focus on cost containment and sustainability.

Given the focus on cost containment and sustainability, HR/Reward practitioners must find ways to better leverage and align existing HR/Reward programmes to support achievement of corporate objectives. Now more than ever before, the HR function must demonstrate its role as vital to the organisation’s success. External market data and trends are key considerations for ensuring a holistic approach to pay review.

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