Stay on top of industry trends or risk extinction

Keeping up with industry trends
Keeping up with industry trends

The way an organisation rewards its employees is critical to overall productivity and the success of the business. Reward management must therefore link directly to the changing needs of organisations to ensure that employees are suitably aligned.

This is according to Peet Kruger, executive committee member at the South African Reward Association (SARA). “The biggest assets of any business are its people and business needs to keep in mind that the way they reward people has a direct effect on how business goals are achieved.”

Total Reward management takes into account more than just base pay; it also looks at what people need to be productive and positive in a fast changing work environment, especially with technology significantly changing the way organisations do business.

It is thus critical that Total Reward professionals – those individuals responsible for creating effective Total Reward value propositions for employees – remain on top of industry trends and get advice and support on how to successfully navigate the minefield of challenges faced due to the changing landscape of business. One such way is by attending the annual conference of the South African Reward Association, taking place on 3 and 4 November 2016.

“Even though we have easy access to information these days, it is important that reward professionals attend this important industry conference,” say Mr Kruger. “Attending the event and learning about the latest trends and how they are impacting the industry and are being exploited for maximum benefit expands your knowledge base and gives you something valuable to take back and apply to your own work environment”.

Delegates can expect to participate in discussions around future trends and changes affecting Total Reward practices from a variety of leading reward practitioners including those considering new ways of approaching performance management.