SALGA annual report 2016/17 SALGA ANNUAL REPORT 201617 PRINTED FINAL | Page 264

Human resource management During this reporting period, study assistance was awarded to 58 employees (2016: 65 employees) who are reading for courses ranging from Doctoral degrees; Masters degrees; Bachelor’s degrees; Diplomas and Certificates. HUMAN CAPITAL EXPENDITURE Our employees are SALGA’s key resource. SALGA recognises that the sustainability of the organisation also depends on providing fair remuneration, benefits, working conditions and development opportunities that will attract and retain the right people with the right skills in order to execute the developmental mandate of the organisation. SALGA’s remuneration philosophy is designed to attract, develop and retain passionate, committed and talented people who are required to effectively implement the overall SALGA strategy to the benefit of SALGA’s membership. Further, the organisation subscribes to 21st Century Remchanel in order to ensure that remuneration at SALGA is benchmarked against the job market (comparable) and the organisation’s salary framework is relevant. Total employee related costs The following table summarises the overall SALGA spending on human capital during the period under review: Employee related expenditure 2017 Total employee related expenditure 2016 331 132 377 294 042 463 56% 60% Employee related expenditure as a percentage of Total operating expenditure¹ ¹ - Excludes depreciation and amortisation Senior management remuneration Remuneration of senior management 2017 Remuneration of senior management 2016 23 911 542 20 543 490 7% 7% Remuneration of senior management as a percentage of total employee related expenditure Training expenditure The table below summarises the overall SALGA spending on training its human capital during the period under review: Training expenditure 2017 Total training expenditure 4 712 626 4 046 847 1.4% 1.4% Training expenditure as a percentage of Employee related expenditure 264 2016