January 9, 2025
NON-EXECUTIVE directors (NEDs) are faced with several challenges as they do their work. The quality of the board members significantly impacts the performance of the organisation. Quality is largely depended on the selection criteria and process. In some instances, the quality of NEDs is influenced by the remuneration…
AN EQUITABLE remuneration structure is a key component of any business. A pay structure puts people in grades. Each grade will have a minimum, midpoint and maximum salary. The minimum salary reflects what the business is willing to pay for any position at entry into that grade. (more…)
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THE economy has experienced significant changes since July 2018. The introduction of the Transitional Stabilisation Programme by Finance and Economic Development minister Mthuli Ncube, followed by the Reserve Bank of Zimbabwe’s monetary policy, has brought about new challenges for businesses. These policy changes have resulted in new challenges…
THE passing of Dumiso Dabengwa comes as a reminder to all of us that our dreams of a peaceful and prosperous Zimbabwe were betrayed from the beginning. (more…)
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INDUSTRIAL Psychology Consultants (IPC) carried out a survey on payment of salaries in foreign currency. The aim of the survey was to determine the prevalence of payment of salaries in hard currency and how companies are financing this. (more…)
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THE classic pay philosophy is to provide salaries that will attract and retain qualified employees and to motivate employees to direct their efforts towards achieving the goals of the organisation. The strategy by which this is achieved lies at the centre of your remuneration strategy. (more…)
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THE US publisher C.D. Heath, (1963) anticipating resistance against race integration in schools as mandated by the Supreme Court, expressed the following wisdom. “If they allow us to teach their children, in 50 years, these children will drive their parents away from all prejudice.” (more…)
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INDUSTRIAL Psychology Consultants (IPC) recently carried out a survey to evaluate experiences and perceptions of students with regards to industrial attachment. Most degree programmes have a mandatory industrial attachment period where students are expected to get hands on industry work experience for about 12 months. (more…)
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THE commemoration of Mother’s Day (last Sunday) can be traced to a people called the Methodists. These people are pioneers in what is now called the social gospel. (more…)
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INDIVIDUAL personality refers to our general attitude and behaviour across situations. It is largely hereditary and partly childhood experience. Personality is a permanent disposition. Do not expect to change anyone’s personality regardless of what you do to them. If you hire someone with a bad personality, you will…