HR Mini Series: Episode 3 | People Cost
September 10, 2020

We are proud to bring you our HR Mini Series Episode 3 where our team discusses and explores Peoples Cost – Using people data to drive equal work for equal pay strategies across your business. Kim McCallum – Vantages Chief Capability Officer guides us through using the HR module on Vantage Point Technology to help make the most informed decisions. In this episode we cover the following:

– What are the high level people cost data points you want to keep a close eye on? 

– Is equal work for equal pay something that is only relevant to SA or is this a global hot topic at the moment? 

– When you are looking at differences in pay, might there be specific/justified reasons why someone or certain teams might be paid more than others? 

– When looking at averages – are these just based on internal averages or are you using industry benchmarks as well?

– Would this tool help with planning for future increase cycles or managing future cost?

– How would you prioritize the actions you need to take to drive towards equal work for equal pay and how do you advise your business partners on planning for cost impact?

 

If you have any questions or would like to know how the HR module can be deployed to your company please contact us here and one of our team members will be in touch with you shortly.
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