Chris Blair is the CEO of 21st Century, the largest HR consultancy firm in Southern Africa, and has consulted for over 1,000 organisations in Southern Africa and internationally.
He specializes in executive pay, variable pay, incentive schemes, and a host of other remuneration-related fields.
His vast experience and deep understanding of these topics position him as one of the foremost experts in his industry.
In this episode of Business Talk, sponsored by Sage, Blair discusses the importance of businesses using consultancy firms to structure their executive remuneration packages.
He unpacks the most significant mistakes he has seen companies make when structuring these packages.
Blair notes that getting your executive pay packages right is especially important in South Africa as it is one of the most unequal countries in the world.
He concludes by detailing how long-term executive incentives are vital to creating stable, sustainable businesses that will positively contribute to the South African economy.
The full interview with Chris Blair can be watched below.
