Remuneration Governance

  • Trainer: IT Gov. Network
  • Released: 01-01-2019
  • Duration:
  • Price: R 30.00 - R 300.00

Remuneration Governance

 

King V - Remuneration Governance

Promoting Fair, Responsible, and Transparent Pay for Sustainable Outcomes

Course Overview This specialized online course, derived from the King V Code on Corporate Governance for South Africa by the Institute of Directors in South Africa, centers on Principle 10, which requires the governing body to ensure fair, responsible, and transparent remuneration. King V integrates ethical leadership with sustainable value creation, emphasizing integrated thinking, Ubuntu, stakeholder inclusivity, and governance outcomes such as performance, conformance, and legitimacy within economic, social, and environmental contexts.

Key Learning Objectives

  • Understand Principle 10: The governing body's role in remunerating to promote sustainable value creation, with delegation options to remuneration committees.
  • Examine remuneration practices, including setting direction; approving policies for attracting/retaining talent, aligning with strategic objectives/risk appetite, promoting positive outcomes/ethical culture; addressing wage gaps, performance measures for contextual impacts, and fixed/variable pay mixes.
  • Explore oversight of shareholder engagement, non-executive fees policies, implementation for policy achievement, and transparent disclosures.
  • Address advisory votes on policies/reports for applicable companies.
  • Apply the Code's outcomes-based structure, scalable practices for steering, approving, overseeing, and accountability, with an "apply and explain" regime for proportional sector application.

Who Should Enroll? Remuneration committee members, HR executives, board directors, and governance professionals in corporate, public, or non-profit organizations aiming to align pay with ethical and sustainable goals in South Africa.

Course Features

  • Self-paced modules with case studies, policy simulations, and assessments.
  • Duration: 1-2 hours.
  • Includes King V resources, remuneration templates.
  • Certification.

Benefits Develop expertise to design remuneration that mitigates wage disparities, enhances talent retention, and supports environmental/social impacts. Strengthen organizational ethics, stakeholder trust, and long-term viability through transparent governance.

 

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Established in 2004, the IT Governance Networked has pioneered the evolution of information and technology governance.

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