News

News

Remuneration Review

Share Post:

Share on facebook
Share on linkedin
Share on twitter
Share on pinterest
Share on email

The DWS senior management remuneration review process assists managers, boards and committees to make an informed judgement and provides relevant independent documented evidence to demonstrate due care and diligence. Key aspects of our remuneration review process includes:

  • Review the performance of the business and key milestones achieved.
  • Survey relevant management and/or board members.
  • Survey staff members on performance.
  • Examine key performance indicators, performance reviews and departmental achievements.
  • Benchmark the business against similar businesses and competitors.
  • Evaluate and quantify the remuneration package currently offered.
  • Provide recommendations on the range of remuneration levels appropriate for the role.

Establishing the appropriate level of management remuneration in today’s competitive hospitality, tourism and leisure industry whilst ensuring fiduciary obligations are maintained is a complex task. Regular remuneration reviews are essential to maintain a settled and consistent workforce but also to pave the way for performance management of staff.

Related Articles

AUSTRAC arrive at your venue… now what?

You escape out the back door and take early retirement OR You hand the half-completed AUSTRAC file to your assistant and congratulate them on their

Pre-lending Assessment

DWS have strong relationships with funding institutions to the hospitality sector and can assist in the pursuit of finance applications for new-build or redevelopment projects.

Scroll to Top