Attract

Purpose Retain

Wages

Benefits
Remuneration package
Incentives

Internal factors

Factors affecting level of pay External factors

Minimum wages
Legislation relevant to
Working hours
remuneration

Maternity protection

Weekly rest day

Public holidays
Time-off payments
Chapter 8: Statutory benefits Annual leave

Compensation and Sick leave

Rewards Employee Provident Fund

Employee Social Security (SOCSO)

Time-off payment
Benefits
Health care

Insurance

Financial services
Non-statutory benefits
Subsidies and services

Retirement benefits

Allowance

Educational Fee Assistance

Performance awards

Letter of appreciation
Non-financial rewards
Sponsorship

Reward for long service

Rewards
Salary Increment

Financial rewards Bonus and profit sharing

Commission