Real incentive to attend the South African Reward Association’s 2012 conference

PRLog (Press Release) - Jun. 28, 2012 - Against the backdrop of heightened international scrutiny over credit management, monetary policy and boardroom incentive schemes, businesses are eyeing reward specialists in a new light. Locally, the South African Reward Association (SARA) aims to add perspective to this focus. SARA was established in 1997 to promote, develop and empower the reward profession, with a focus on reward management. This field encapsulates more than remuneration and has taken on notable proportions as companies realise the impact of human behaviour on the strategic objectives of the business.

2012 is an important year for the Association, a national 3000-strong and membership-driven organisation representing the reward profession. The Association is celebrating its 15th anniversary and has grown from strength to strength over this period.

On 20 September 2012, SARA, in association with the IoDSA, will host a pre-conference event at the Johannesburg Country Club, Woodmead, to engage with remuneration committee members, as well as finance, reward and HR executives, to debate questions around ‘the executive pay bubble’ and responsible executive pay.

This event is a significant lead-in to the main annual Conference and Awards ceremony scheduled for 11 & 12 October – all of which serves to entrench the value of reward management to South African commerce. The event will culminate with the 10th annual SARA Rewards Awards Banquet, held in association with PwC Remchannel, on 13 October at the same venue.

Reward specialists, who are responsible for the design, development and implementation of reward strategies, policies and processes that will support organisational and people objectives, are deemed critical skills and these professionals need to be on top of their game at all times.

SARA's purpose is to ensure that these professionals, as well as those working closely with them, are equipped to face challenges in this industry. To this end the Association serves its growing membership base - comprising corporate firms, government service and parastatal companies, with access to internationally recognised training and internship programmes.

“There is no doubting the relevance of reward management and its place in cementing progressive Human Resources policy to aid businesses operating within an economically tough climate. This is a crucial aspect of business management practice and good governance, which is often misunderstood or mismanaged. Our objective, as SARA, is to redirect focus and increase understanding through proactive awareness,” explains Mark Bussin, SARA President.

A fresh perspective will be given and the latest research shared on the psychological impact of incentives.

SARA offers the opportunity for companies to sponsor and/or exhibit at the event. Space is limited and companies are urged to contact SARA as soon as possible to avoid disappointment.

For more information please contact SARA Secretariat on +27 11 061 5000 or visit www.sara.co.za.