Remuneration Practices in Star Industries: A Report

Running head: HUMAN RESOURCE MANAGEMENT
HUMAN RESOURCE MANAGEMENT
Name of the Student
Name of the University
Author Note

1HUMAN RESOURCE MANAGEMENT
Executive summary
This paper is a report on the telecommunication company, Star Industries. The paper sheds a
light on the current remuneration policies practiced by the company and provides a detail about
the gap between the practices followed by the company and by other companies that has had a
negative impact on the company leading to employee turnover. The paper will provide suitable
recommendation that will help the company in regaining their quality staff by implementing the
proposed changes.

2HUMAN RESOURCE MANAGEMENT
Table of Contents
Introduction......................................................................................................................................3
Discussion........................................................................................................................................3
Current remuneration practices in Star Industries.......................................................................3
Gap between remuneration practices in other companies and Star Industries............................3
Legislation and ethical practices which will impact remuneration policies................................3
Remuneration strategy.................................................................................................................4
Implications of FBT on the recommendation..............................................................................4
Monitoring and review methods..................................................................................................4
Communication plan....................................................................................................................4
Conclusion.......................................................................................................................................5