Analysis on Effective Remuneration Policy and Practice

Classification

Client Industry
Financial Institution
Service Stream
Strategy & Consulting
Duration
October 2024 - November 2024 (2 Months)
Project Rating
Tech Stack

Overview

Evaluates the remuneration policies and practices at state-owned financial institution, focusing on three key aspects: compliance with Indonesian and BUMN regulations, the impact of remuneration on employee performance, and the cost-efficiency of remuneration relative to the company's revenue. The study, based on payroll data, financial reports, board decisions, and regulations, is complemented by interviews with stakeholders to gain deeper insights into remuneration practices, performance measurement, and employee expectations. The resulting recommendations aim to enhance employee welfare while ensuring cost efficiency.

Key Features

  • Assessment of the company's compliance with Indonesian regulations and BUMN standards on remuneration practices.
  • Evaluation of the impact and relationship between current remuneration practices and employee performance.
  • Analysis of the cost-efficiency of current remuneration practices in relation to the company's revenue.

Client Testimonial

Client Industry
Financial Institution
Duration
October 2024 - November 2024 (2 Months)

Evaluates the remuneration policies and practices at state-owned financial institution, focusing on three key aspects: compliance with Indonesian and BUMN regulations, the impact of remuneration on employee performance, and the cost-efficiency of remuneration relative to the company's revenue. The study, based on payroll data, financial reports, board decisions, and regulations, is complemented by interviews with stakeholders to gain deeper insights into remuneration practices, performance measurement, and employee expectations. The resulting recommendations aim to enhance employee welfare while ensuring cost efficiency.