HR (Evaluation and Effectiveness of remuneration practices in a chosen Essay

HR (Evaluation and Effectiveness of net income practices in a chosen organisation) - Essay ExampleSince then, the connections energy business was publicly introduced as the Origin Energy. Serving more than 3 trillion customers in Australia and the Pacific today, the company employs almost 4,000 employees throughout Australia, New Zealand, and the Pacific Region (Origin, 2009b).Due to the irritated competition in the energy sector, the practice of pirating an employee from one business organization to another becomes difficult to control. By offering Origins warring employees a higher salary and more attractive wellbeing packages, companies that produce and sell energy products could easily hire and convince these talented people to shift their the true and service to them.Given that Origin Energy is serving more than 3 million valued clients in Australia alone, the HR manager at Origin Energy is being challenged to offer competitive pay packages to its competitive employees i n order to ensure that its competitive employees would remain loyal to the company. In line with this, the effectiveness of remuneration practices at Origin Energy will be thoroughly examined followed by providing recommended solution on how the HR manager will be able to lessen the turnover rate of its employees.The main purpose of remuneration practices at Origin Energy is not only limited in compensating employees in exchange for the services they have rendered to the company but also attract more competitive individuals to join the team for a long period of time. In line with motivating competitive people to actively participate in managing the daily operations of the company, remunerating practices offered by the company aims to retain the best employees who have the necessary skills needed by the business (Origin, 2009d).Remuneration packages offered to Origins executive and non-executive directors as well as its employees varies from one