Approaches to Remuneration Comparability Sample Clauses
The "Approaches to Remuneration Comparability" clause defines how an organization determines whether its compensation packages are competitive with those offered by similar employers in the market. Typically, this involves benchmarking salaries, benefits, and other forms of remuneration against industry standards or peer organizations, using data from salary surveys or compensation studies. By establishing clear methods for comparing remuneration, the clause helps ensure fairness, supports talent retention, and mitigates the risk of pay disparities or dissatisfaction among employees.
Approaches to Remuneration Comparability. 3.1.1 The parties:
(a) Acknowledge that different approaches to remuneration have been agreed in collective agreements for teachers in state and state-integrated schools.
(b) Have a shared interest in broad comparability in overall remuneration for teachers in state and state-integrated schools.
(c) Commit to discussing what broad comparability in overall remuneration means as part of each set of negotiations to renew this Agreement.
Approaches to Remuneration Comparability. The parties agree to replace clause 5.1 as follows:
Approaches to Remuneration Comparability. The Secretary’s Offer is to renew sub clause 3.1.5, approaches to remuneration comparability, for the term of the new collective agreement. The Secretary’s Offer is that the following note will be included in the Terms of Settlement
Approaches to Remuneration Comparability. The parties:
Approaches to Remuneration Comparability. The parties agree to renew sub clause 3.1.5, approaches to remuneration comparability, for the term of the new collective agreement.
Approaches to Remuneration Comparability. 1 The parties:
a. Acknowledge that different approaches to remuneration have been agreed in collective agreements for teachers in state and state-integrated schools.
b. Have a shared interest and agree this clause will enable overall remuneration comparability for primary and kindergarten teachers in the State sector.
c. Commit to negotiating what overall remuneration comparability will be applied as part of each set of negotiations to renew this Agreement.
d. For this Agreement, the intention is to enable changes to remuneration for primary teachers employed in state and state-integrated schools through the mechanism as outlined in clause 3.2.2(c)(i) below, to apply to kindergarten teachers, subject to any further agreed changes during the term of this Agreement arising from the implementation of a kindergarten career framework.