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Category: Reward Strategy

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How responsible reward practices are shaping performance and incentive strategies 

Performance Management | Reward Strategy | Performance | Responsible Reward

Changes in the design of incentive plans, with the inclusion of more diverse measures in the form of ESG metrics can demonstrate a focus on long term sustainability. Justine Woolf looks at how HR can make responsible reward work for their business.

Posted by Justine Woolf on
09 September 2020

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Download the Fast Growth Playbook

Reward Intelligence | Pay & Reward | Disruptive HR | Fast Growth | HR software | HR Technology | Reward Strategy

Free to download, our Fast Growth Playbook has been designed specifically for organisations that are growing at pace, and are having to regularly make rapid decisions to ensure long term success.

Posted by Cathryn Edmondson on
03 September 2020

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Three considerations when setting employee performance targets, pay and bonuses in a volatile market

Bonus | Long Term Incentives | Performance Related Pay | Pay Fairness | Pay & Reward | Reward Strategy

How do you balance doing the right thing by your employees in terms of bonus and commission when business performance is not where you expected it to be? This is a hard question to answer and there will not be one approach that works for every business. However, there are questions all businesses can ask themselves to help navigate the challenges with performance targets and variable pay.

Posted by Cathryn Edmondson on
19 August 2020

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Short term vs long term effects of COVID-19: should you change your reward and benefits strategy for 12 months, or five years?

Reward Strategy | Covid-19

The question over whether to make short or long term changes to reward strategy is a question facing many HR and Reward professionals during these unprecedented times. There has been a lot of talk over the last few months about when things will get back to normal but how likely is it that things will just go back to the way they were, either in the short term or the long term? 

Posted by Cathryn Edmondson on
05 August 2020

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Building a Personalised Story - an open letter to HR

Reward Strategy | Employee Experience

In the second of our open letters to HR series, Sarah Lardner suggests ways in which your organisation can build a reward architecture designed to retain and recruit the right talent to achieve your strategic goals, by personalising your employee deal to the power of one.

Posted by Sarah Lardner on
05 August 2020

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What got you here, won't get you there - an open letter to HR

Reward Intelligence | Pay & Reward | Pay Structure | Reward Strategy | Productivity

The first in our series of open letters to HR, Sarah Lardner discusses how HR leaders in well-established organisations need to be looking at the journey ahead, to make the business irresistable to talented employees and to stand out amongst competitors.

Posted by Sarah Lardner on
29 July 2020

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Coronavirus: innovative ways employers can adjust pay and contracts to save jobs

Pay Transparency | Bonus | Reward Intelligence | Pay & Reward | Commission | Flexible working | Sales Bonus | Skills based pay | Reward Strategy | Pay Review | Financial Wellbeing | Covid-19

Many businesses right now are in survival mode, as the spread of the Coronavirus causes economic disruption akin to the 2008 financial crash. So, what are companies doing? Sarah Lardner takes a closer look at the steps business are taking to secure their business for the long term.

Posted by Sarah Lardner on
28 April 2020

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Planning for the Other Side

HR Reward | Reward Consultancy | Bonus | Performance Related Pay | Pay & Reward | Communications | Salary survey | Recognition | Reward Strategy | Pay benchmarking | Pay Review | Covid-19

Senior Reward Consultant Emer Bucukoglu explains why now is the time to take a considered approach to reward, review your current reward strategy and policies and explore smarter, more agile reward solutions.

Posted by Emer Bucukoglu on
09 April 2020

Read moreEmer Bucukoglu

The Pay Trends 2020 white paper is here!

Executive Pay | HR Reward | Pay Transparency | Reward Consultancy | Gender Pay Reporting | Reward Intelligence | Pay trends | National Living Wage | Brexit | Low Pay | Reward Strategy

Our white paper has landed! Download via our website to get your essential update on the Reward landscape in 2020 and beyond.

Posted by Karen Thornley on
04 February 2020

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Are financial rewards still an effective engagement tool? If not, what else engages employees?

Employee engagement | Total reward | Reward Strategy | Reward

When it comes to keeping employees interested and productive, financial rewards are one piece of the jigsaw – and a critical piece – but this piece alone does not pull together the whole puzzle of the engagement conundrum. This insightful blog explores engagement and sheds light on the other options available to employers that can really make a difference to their people and achieve results.

Posted by Alastair Cole on
28 October 2019

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5 ways to measure how inclusive your reward strategy is

Equal Pay | Gender Pay | BAME reporting | Reward Strategy

The notion of inclusivity has never been more prevalent in the workforce. In our third year of gender pay reporting, with ethnicity reporting legislation on the horizon, and the need to show that, as an employer, you are inclusive and do not discriminate employees has never been more important. But how do we truly measure how inclusive our reward strategy is?

Posted by Mark Macoun on
10 September 2019

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If budgets are squeezed how do you get the most from your pay budget? Part 1 of 3

Bonus | Pay & Reward | National Living Wage | Pay Structure | Recognition | Reward Strategy

Other elements of the total reward package come into starker focus when pay budgets are tight, and across this three-part insights series we will look at how employers can leverage bonus, benefits and culture to make the most of their pay budgets, with part one focusing on creative peer-to-peer and crowdsourced bonus solutions.

Posted by James Bigus on
30 July 2019

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