Compensation – a reflection of fairness, trust and recognition

"COMPENSATION is often seen as a matter of numbers — salaries, bonuses, etc. But in reality, it’s much more than that. It’s a reflection of fairness, trust, and recognition. At Acara Reward and Benefits, we believe that compensation should not only reward performance, but also the behaviours that align with a company's purpose and values,” says Responsible Compensation Consultant Nimesha Kariyawasam.

- By RANDIMA ATTYGALLE

France-based Responsible Compensation Consultant and Founder of Acara Reward and BenefitsNimesha Kariyawasam who was recently in Sri Lanka, caught up with the Daily FT during her stay in Colombo. Underlining that compensation is beyond numbers, Nimesha calls upon Sri Lankan businesses to align local practices with global standards to unlock the full potential in the field of compensation and thereby reshape core business practices around innovation and sustainability.

Born in Sri Lanka, Nimesha's parentsboth teachers and her brother left for France in the early 1990s when Nimesha was stil a very young child. The only Asian student in her school then, Nimesha recollects growing up in Paris,"a multilingual city of excellence which drives a person to be curious and open-minded,’ as she describes it. Having studied Applied Foreign Languages at Sorbonne Nouvelle University, Nimesha went on to earn her Masters in International Business.

A journey of encounters