Skills Development Act, 1998 (Act No. 97 of 1998)ConstitutionsConstitution of the Tourism, Hospitality and Sport Training Authority (THETA)Chapter 6 : Standing Committees21. The Remuneration Committee |
| 21.1 | Duties and functions |
| 21.1.1 | The Remuneration Committee shall be responsible for all remuneration related matters of THETA. It shall be responsible to and shall report to THETA through the Executive Committee and shall exercise such powers and functions as may be entrusted or delegated to it by the Executive Committee. |
| 21.1.2 | The Remuneration Committee shall at all times exercise its powers and functions subject to the Act and in particular section 14(3A)(b) thereof and this constitution. |
| 21.1.3 | In particular, but without limiting the generality of this, the Remuneration Committee shall have the following specific functions: |
| 21.1.3.1 | to monitor the implementation of the performance management system of THETA and to ensure that the performance management system is fair and rewards good performance, identifies training and development opportunities of staff and is aligned to the objectives of THETA; |
| 21.1.3.2 | to consider and approve the remuneration of the Chief Executive Officer as recommended by the Chairperson and Senior Managers of THETA, as recommended by the Chief Executive Officer. Any such consideration and approval shall be undertaken in accordance with the Act and in particular section 14(3A)(b) thereof; |
| 21.1.3.3 | to consider and approve the bonus payments payable to THETA staff; |
| 21.1.3.4 | to review and authorise the recommended annual salary increases for staff; |
| 21.1.3.5 | to set the allowances of THETA Members for attendance of meetings of THETA and its Committees; |
| 21.1.3.6 | to ensure that the remuneration levels at THETA are fair; market related and in accordance with good governance; |
| 21.1.3.7 | to oversee remuneration related matters of all projects managed by THETA. |