Employers of labour in the country have been advised to look beyond monetary compensation if they hope to get the best out of their workers. Others issues they should consider include career planning, training and development, performance management and staff well-being.
A member of the Lagos Chamber of Commerce and Industry and Managing Director of SENCE, Mrs. Ogo Ibok, gave the advice at a Breakfast Meeting of the Chamberâ€™s Professional Practice Group (PPG) recently.
Mrs. Ibok, who spoke on the topic â€œHuman Resource Management in Professional Firmsâ€, said that finding the right persons is difficult in an environment like ours with prevailing falling educational standards and severe skills shortage.
â€œThis calls for innovation and general re-think of what is needed in a staff,â€ she submitted.
Meanwhile, the next Breakfast Meeting of the Group will take place on Thursday, 11th March, 2010 at the offices of SIAO Partners, a firm of Chartered Accountants.
The Chairperson of PPG, Mrs. Toki Mabogunje of Toki Mabogunje & Coy (TMC) urged all members to attend the event during which the theme â€œMergers and Acquisitions: A Sharing of the SIAO Experienceâ€ will be addressed.