Governance and Responsibility

Remuneration

KAP recognises that its employees are competitive sources of value, and in order to meet corporate goals and business objectives, the reward policies and objectives must meet the following criteria:

• Be an integral part of an overall human resource strategy, geared to support business strategies.
• Be designed to motivate and reinforce superior performance.
• Be designed to motivate and reinforce “living the values” in an outstanding and demonstrative manner.
• Encourage the development of organisational and individual performance.
• Encourage the development of competencies required to meet future business needs.
• Be based on the premise that employees should share in the success of the company.
• Be designed to attract and retain high-quality individuals with the optimum mix of competencies.
• Be congruent with legislation.
• Be aimed at securing commitment of its people to KAP’s goals and purposes via the optimum mix of financial and non-financial rewards.