12 February 2025
Commit to continuous improvement and make this year’s remuneration review your best yet.
"Small improvements made consistently over time lead to stunning results." – Robin Sharma
The annual remuneration review isn’t just a process—it’s an opportunity to refine, improve, and drive better outcomes year after year. Every review offers valuable lessons that can help streamline decision-making, enhance fairness, and build greater trust across your business.
Some key areas to focus on for a smoother, more effective review include:
✅ Aligning stakeholders early with a clear plan and strategy
✅ Validating data upfront and thoroughly testing your systems
✅ Enhancing benchmarking data and ensuring it’s used effectively
✅ Strengthening the remuneration budget with solid data and targeted allocation
✅ Defining better criteria for recommendations and providing leaders with clear guidance
✅ Addressing pay equity issues proactively to uphold WGEA commitments
✅ Building in time for executive review and calibration to ensure fair outcomes
✅ Educating leaders on remuneration principles so they can confidently own and communicate outcomes
✅ Improving employee communication to foster trust and understanding
✅ Capturing employee satisfaction to assess the effectiveness of the review
✅ Ensuring payroll has ample time to validate and process changes accurately
If your company operates on a June financial year, now is the time to gear up and set the stage for success! Don’t let last year’s challenges repeat—commit to continuous improvement and make this year’s review your best yet.
Take a moment to revisit last year’s post-implementation review (PIR) or, if you haven’t done one, set clear improvement goals now. As the saying goes, fail to plan, and you plan to fail!
If you’d like to chat about how to tackle your biggest challenges, I’d love to help! With 25+ years of hands-on experience leading remuneration processes across ASX-listed and private organisations—both in Australia and globally—I bring practical insights that can make a real difference.
📩 Let’s connect and make this year’s review a success!