We provide remuneration structuring best practice for around 40 large South African employers. The concept of remuneration structuring has the philosophical base of aligning employee remuneration with personal financial requirements. This is not necessarily tax structuring, albeit that the tax effect is a logical effect of the employee choices made. We provide salary structuring tools for employers and employees, including a web-based or intranet model. This allows the seamless structuring of employee remuneration in a tax compliant manner, which aligns to policies, enables immediate reporting to finance, human resources, employee benefit providers and, most importantly, the actual payroll function. Our model also includes total reward statements. This ensures that employee is fully aware of all components of their remuneration structure, the tax effect of each and how this impacts the employee value proposition.
