Business
CIPM to groom professional Reward Management Specialists
Ken Vijayakumar – Vice President, Chairman of People Management Solutions Committee, Course Initiator & Advisory Member – CIPM SL addressing the gathering with the dignitaries at the head table.
CIPM Sri Lanka – the Nation’s leader in human resource management aims to revamp the current landscape for employee reward management by producing specialized human resource professionals with a strong focus and understanding of its practical aspects through the recently announced Certificate Course in Reward Management (CCRM). This programme fulfills a long-felt market need for a professional understanding and approach for implementing customized reward management initiatives in organizations. CIPM organized a webinar to discuss the merits of the programme which was joined by over 60 of its members and HR professionals.
“CIPM is continuously engaging with the industry, examining and researching new areas in which to develop our HR professionals. The CCRM is a result of these endeavors. CIPM is ready to take-up further challenges in the coming years to take the flag to the next level. We always target our relationships with many institutions including private and public sector which will help CIPM in playing a national role in HRM” said Jayantha Amarasinghe-President CIPM Sri Lanka.
“We have hitherto been practicing conventional reward management based on the employment contract which does not help organizations to be competitive. However, a well-structured reward and compensation management initiative can provide much value to organizations with inline focus on its goals and objectives. An organization, in a business-driven articulation of a reward management programme can improve productivity while keeping employees happy and satisfied while grooming them to take on more challenges. Reward management initiatives should be designed and customized for each organization based on scope, fundamentals and value proposition” he added.
Course initiator Ken Vijayakumar-Vice President of CIPM Sri Lanka said “The Certificate Course in Reward Management (CCRM) fulfills a long-felt need in the market and is in-line with ‘HR Centre of Excellence’ concept. While HR specialists in areas such as performance management, learning & development, Industrial/employee relations etc. are available, there is a definite vacuum of HR specialists in the reward management domain. We are launching this programme to groom specialists and grow this important area”.
Presenting the keynote address “From Equality to Equity”, experienced HR professional, former Vice President of HR at NDB Bank and Fellow of CIPM – C. Hewapattini endorsed the CIPM CCRM as an excellent programme which fills a serious lacuna in the HR profession. He added that there needs to be equality and equity when designing and customizing any successful reward management programme while taking into consideration organizational culture, its people etc. to be successful, and that the structure of the CIPM CCRM provides an excellent platform to gain a good understanding of the merits of reward management and how to practically apply it in an organization.
Course director Mrs. Thilini Patabendige- Senior Manager – Rewards, GTS & Asia Pacific at London Stock Exchange Group – Sri Lanka said “CCRM has been designed with the aim of educating HR professionals and organization leaders on the concepts of Total Rewards and Employee Value Proposition helping organizations to attract, motivate and retain the best talent. The CIPM CCRM will provide a technical knowledge including tools, frameworks and practical elements, their implications so that the reward management specialists can use this knowledge in both their day-to-day operational activities as well as strategic aspects of reward management. Each organization is unique and different from one another, and as such there is no one universal ‘right way’ way of implementing a reward management programme” and emphasized that each organization has to design their own unique, customized reward management programme while adhering to global HR best practices.
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”
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