SARA calls on potential Host Companies to host the 2024 interns

SARA's highly successful Internship Programme will commence on 1 March 2024 and is due to end on 31 August 2024. With this in mind we are looking for organisations to host the interns. Potential host organisations can host the interns from a few days to two weeks to expose them to reward practices in your organisation.

The learning curriculum is as follows:

Remuneration policy and strategy

Overview of what this is and how to develop it

Basic pay

Job Evaluation
The different Job Evaluation systems in the market and how they work
Overview of how to write up role profiles
Introduction to Broad-banding
Exploring why companies use Broad-banding
Salary structuring
The principles of salary structuring including pay scale design
Some technical practice in salary structuring
Tax and Total Package
What Total Package is
How Total Package works

Short term incentives and variable pay

Incentive scheme design
The principles of incentive scheme design
Variable pay
What variable pay is
Understanding the remuneration mix

Long term incentives

What the LTI options open to South Africans are
What the essence is of the tax and accounting changes

Remuneration committees

Remuneration committees and the board
Roles of the CEO, Remuneration Manager and HR Director

International Mobility

Types of assignments
Remuneration methods

If you would be interested in participating please complete this form and contact Kanyisa Masemola on 078 122 2319 to advise her as to which aspect of the curriculum you would like to provide exposure to the interns.

We look forward to hearing from you.

SARA Intern Committee