In recent years the average level of pay increases for staff at all levels has been constrained, with the after-effects of the Global Financial Crisis (GFC) proving difficult to dismiss. […]
During 2016 we completed a review and update of the software used for our online remuneration survey, MHR RemData. The updated system was used successfully for the September 2016 update, and was well-received by users.
Economists may be predicting ongoing challenges in a low growth economy, but not all indicators are negative. Our latest survey data shows clear signs that pay rates are lifting – […]
One of the many challenges faced by owners and managers in SMEs is accurately setting pay levels for employees without compromising the financial health of the business. For some managers it may be tempting to rely on local knowledge, and set remuneration based largely on personal knowledge and anecdotal evidence. But there are risks in this.
The current public debate about the merits – and morals – of the pay increase awarded to the Chief Executive of Fonterra also highlights another significant element of pay practices […]
Initial results from the September 2015 MHR RemData Remuneration Survey suggest that the levels of pay increases being awarded to staff are finally stabilising – albeit at levels which are […]
Whenever we release the results of our twice yearly pay surveys, the question we are invariably asked to comment on is “what was the average Base Salary increase for . […]