A remuneration survey workshop was successfully held on Tuesday at the Solomon Islands National University (SINU), Kukum campus.
More than thirty participants from various organizations and companies in Honiara attended the seminar.
The workshop was organized by the Solomon Islands Chamber of Commerce (SICC), Solomon Islands National University (SINU) and the Forum Fisheries Agency (FFA) in collaboration with the Strategic Pay Limited a New Zealand.
SICCI and FFA formed a steering committee to work with the Strategic Pay to plan and organize the labour market survey in the Solomon Islands said FFA Director Corporate Services David Rupokets.
He said the workshop provided the opportunity for local companies to familiarize themselves and discuss how best to incorporate the outcomes of the survey into a remuneration structure of their organization.
Remuneration survey project started in 2012 with the aim of determining the value of labour market in the Solomon Islands.
The Solomon Star understands that such workshop is an opportunity for the local organizations in the county to learn and discuss the significant of gaining the accurate and quality data from the local market.
Many companies in the country have difficulty in obtaining accurate and valid market information to base their internal remuneration practices, however this survey will address such issues explained Mr Rupokets.
Strategic Pay Limited a New Zealand executive director Geoff Summers was the main presenter of the workshop.
“It is vital for the companies to have a proper remuneration structure,” said Mr Summers.
He said there are a lot of challenges in the labour market as far as the organizational remuneration are concern, however, remuneration survey is vital for organizations, because it provides information which helps the companies to understand the value of employees in the labour market.
This survey is important because it determined whether your company is under-paid or over-paid your staffs explained Mr Summers.
“The survey will give the employers an overview of how your staff are being valued in the market and I encourage all participating companies to participate in this project.”
SINU Human Resource Director Robertson Natei has acknowledged all participating organizations and Strategic Pay in successfully participate into the program.
“SINU was so delighted to collaborate with SICC and FFA in hosting this event,” said Natei.
The outcome of the current remuneration survey is anticipated to be published in mid-November 2014.
By PETER IROGA