This Master thesis deals with the system of remuneration of employees in the selected company. The theoretical part of the work describes the basic concepts and knowledge of the issue. In the analytical part of the thesis, an analysis of the current state of the problem and an evaluation of internal and external factors influencing the remuneration system in the selected company were made. Based on the results of the analysis, the company has received suggestions to enhance the remuneration system that should improve the current situation.

The master's thesis deals with the system of remuneration for employees in the selected company. The theoretical part defines the basic terms related to the employee remuneration. The analytical part evaluates the current employee remuneration system in the company, including internal and external factors influencing the system. Based on this analysis, changes to the remuneration system are proposed to the employer in order to improve the current situation.

The master’s thesis is focused on the system of remuneration for employees in the selected company. The theoretical part defines the basic terms of the employee remuneration. The analytical part evaluates the current system of remuneration for employees in the company, including internal and external factors influencing the system. Based on this analysis, changes to the current remuneration system are proposed in order to increase employee satisfaction.

Subject of this thesis is employees’ evaluation, remuneration and motivation in a particular company. In order to properly motivate employees, must be a system of evaluation and remuneration fair and understandable to employees. The aim of this work is based on theoretical knowledge gained in the first part and analysis of combination compensation in part two, suggest a more efficient system of employees’ reward and motivation. This should lead to greater satisfaction and improved employee service and thus to improve company performance.

Orientation: Over the years, the increase in executive remuneration in both the private sector and state-owned entities (SOEs) has been the subject of intense discussions. The poor performance of some SOEs with highly remunerated executives begs the question whether chief executive officers (CEOs) in South African SOEs deserve the high levels of remuneration they receive. Research purpose: The main purpose of the study was to determine whether there is a relationship between CEOs’ remuneration and company performance in South Africa’s Schedule 2 SOEs. Motivation for the study: A greater understanding of the relationship between CEO remuneration and organisational performance would expand knowledge when developing optimal CEO remuneration systems to ensure sustainability of SOEs in the South African context. If a relationship exists, it could justify the high remuneration received by CEOs. Research design, approach, and method: This quantitative, longitudinal study, conducted over a nine-year period, collected secondary data from the annual reports of 18 Schedule 2 SOEs. The primary statistical techniques used in the study included were OLS multiple regression analysis and correlational analysis on a pooled dataset. Main findings/results: The primary finding was that there is a relationship between CEO remuneration and company performance (mainly an inverse relationship), with no consistent trend between the constructs. Turnover appears to be an important component, as it was the most stable measure of company performance during the study period. The results indicate that the CEOs’ remuneration continued to increase, even when the SOEs were performing poorly. Practical managerial implications: Since the study focused on the relationship between CEOs’ remuneration and company performance, it may aid policymakers in forming new rules and regulations that would help improve the country’s economic performance while attracting international investors. Contribution/value-add: The study provides new knowledge to the limited research available on SOEs in South Africa. Further, this research focused on three different components of CEOs’ remuneration, thereby shedding more light on the relationship between their remuneration and company performance. / Business Management / PhD (Management Studies)