Remuneration Strategy Proposal

1.The current state of Star’s remuneration strategy.
2. The gap between the curent external practices and the internal practices at STAR Industries.
3.A recommendation for a new remuneration strategy for 2 positions in STAR industries (for each position show how you would base pay plus benefits to create a competitive salary/package.
4. What are the implications of FBT on this proposal.
5. How does this support the organisation’s performance management system and strategic objectives.
6. Describe the mechanisims youwill put in place to regularly monitor and review;
a)the legislation applicable
b)stakeholder satisfaction
c)required level of competitiveness
d)compliaance with organisational policies.

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