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THE REMUNERATION HANDBOOK FOR AFRICA: Fourth Updated Edition
by Dr Mark Bussin
Publishing Date: October 2019
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NOW AVAILABLE FOR PRE-ORDER!
Dr Mark Bussin has consistently contributed to the development of a host of human resource managers in the remuneration field in Africa via his corporate and consulting experience, wise counsel, writings, and hundreds of lectures, TV and radio interviews. He has developed a generation of remuneration experts, helped define the field of practice, and made a significant contribution to the national level of excellence in the field. How we remunerate employees reflects the dynamics of the market and context in which we operate. It aligns at all times to the strategic direction and specific value drivers of the businesses within which our organisation operates. Remuneration plays a critical role in attracting, motivating and retaining high-performing individuals. Remuneration also reinforces, encourages and promotes superior performance.
Through variable remuneration linked to value drivers, superior performance is recognised and rewarded, while poor performance and under-achievement are coached and managed. Remuneration is never a stand-alone management process, but is rather fully integrated into other management processes, such as the performance management process, and the overall Human Resources policies.
Contents include:• Remuneration Policy and Strategy
• Job Roles and Competence
• Job Evaluation
• Individual Performance Competence
• Skills-based Pay
• Pay Structures
• Setting Pay Levels
• Total Packages
• Team-based Pay
• Sales Force Incentives
• Variable Pay Schemes
• Incentive Pay Schemes
• How to Design an Incentive Scheme
• Long-Term Incentive Schemes
• International Assignment Remuneration
• Remuneration Trends in Africa
• Retention and Engagement
• Reward and Recognition
• Remuneration Committees and Boardroom Pay
• Remuneration Governance
• Reward Trends
ABOUT THE AUTHOR
Dr Mark Bussin is the Chairperson of 21st Century (Pty) Ltd, a specialist remuneration and HR consultancy. He has HR and remuneration experience across all industry sectors and is viewed as a thought-leader in this arena. Mark has held global executive positions for several multinational organisations, including mining, FMCG and financial services organisations. He serves on and advises numerous Boards and Audit and Remuneration Committees. He has published or presented over 450 popular articles and papers and 45 peer reviewed journal articles.
Mark is a guest lecturer at several universities and supervises Masters and Doctoral theses in the HR, Leadership and Reward areas. He is a past President of SARA (South African Reward Association) and a past Commissioner for the remuneration of Public Office Bearers in the Presidency.