Fair Compensation as in imperative - Arthie Moore

Arthie Moore - "Compassionate Leaders of Influence"

Welcome to IBGR.Network, the International Business Growth Radio Network, I am your host, Arthie Moore – Compassionate leader of Influence, Co-Founder of Ki Leadership Institute and founder Celebrating Humanity Int.

When I look at the industries right now, battling against the Control warfare being waged across entire nations and the Global impact it has on our lives, I realise the common denominator here that will effectively bring balance to the business world again – and that is compensation. So yes, of course it is fair!

We all wish to be acknowledged for the work we do, our skills, expertise, wisdom and experience.  Yet, there seems to be an imbalance playing a role when it comes to be paid for your worth vs a salary pre-determined by current trends and industry policies that have not been updated to the needs of an ever changing business environment.

Show Objectives - The Why
I believe that in order to change the dynamics within any industry right now, we need to address the first human need that is prevalent in the minds of any employee, business transaction, joint venture and relationship – Money!
So how do we truly, meaningfully adjust this? Who is responsible and how do they bring in the funds needed for these compensation needs of the masses? Simple…adjust your business strategy!

Key Issues - Owner Perspective

1. Develop pay bands - based on the local market what is the minimum, average, and maximum paid for the position, 
2. Evaluate where in the bad is each employee, 
3. develop  plan to bring everybody to comparative levels - slightly below average, 
4. Determine how much of each salary/wage you want to make variable,
5. develop a pay4performance plan

What You Need to Know - The What
 When we address this area, we need to delve into the depths of business understanding, innovation, inclusive leadership and the need for Quality Leadership.

What You Need to Do - The How

1. Implementation of Skills development, soft skills, Solution focussed strategy plans, African Principles of leadership and so much more.
2. Challenging mindsets and creating a fair exchange where compensation meets upgraded, upskilled, self motivated individuals who earned the right to receive the compensation they deserve.
3. Accountability, responsibility and Performance related plans.
4. Create systems that truly gauge performance based on output, innovative thinking and results.
5. Gender neutral payment structures that talk into skills, experience, qualifications and expectations met.

1. Soft skills and Hard skills development for all employees to succeed. So that they earn their reward vs expectation. Next Episode: The Art of Delegation in developing Competence. 

Written by Arthie Moore

Connect with me and let’s take this awesome discussion to the next level 😊

Arthie Moore is a highly successful Entrepreneur & Founder of Celebrating Humanity International Pty Ltd and Ki Leadership International Pty Ltd, operating nationally and internationally for over 24 years. She is an International Keynote speaker and Diversity & Inclusion specialist.

Her impact expands to top levels of Government, Boards of Directors, Universities, Schools, Orphanages, Youth and Women Empowerment programs. Some of her specialist programs as well as her personal Vision are currently being implemented in Lebanon, Ireland, UK, USA, Bangladesh and Pakistan. As a Philanthropist, her life’s experiences have taught her to create a global movement of Compassionate Leaders of Influence, who will impact many others to live a life of Intention. 
 
My tags are as follows:
Email: arthiemoore@kileadershipinstitute.com 

Websites: 
https://www.kileadership.com/ https://www.celebratinghumanityinternational.com/
https://arthiemoore.com/

Social Media
https://www.linkedin.com/in/arthiemoore/
https://www.facebook.com/arthie.moore
https://twitter.com/ArthieMoore
https://www.instagram.com/arthiemoore/
Poem on Compassion - https://youtu.be/0fcAA8IEk3w


​

P3.10.3PM