REWARD
STRATEGY
More and more organisations
are abandoning “one-size-fits-all”
reward programmes in favour of a total reward
strategy. In this briefing paper we set out why
companies are doing so, the framework we use with
clients to implement a total reward strategy and
a perspective on some of the key issues to consider.
EMPLOYER OF CHOICE
Companies with sophisticated, aligned HR systems
have lower employee turnover, more applications
per employee and higher sales per employee (The
HR Scorecard: Becker, Huselid and Ulrich). This
briefing paper looks at the characteristics of
Employers of Choice and explores key issue around
employee value propositions.
TALENT MANAGEMENT
How do best-in-class organisations attract, retain
and engage talented people? In this briefing paper
we pose ten questions to ask top employees and
provide three approaches for identifying them.
CUSTOMISING REWARD
THROUGH EMPLOYEE SEGMENTATION
The factors that influence attraction differ from
those that influence retention, motivation and
engagement. Understanding what matters most to
employees in relation to these issues is essential
if the full potential of the workforce is to be
unlocked. This briefing paper provides insights
into current thinking.
BALANCED SCORECARD
AND REWARD
Balanced Scorecard provides a framework for organisations
to define and assess their strategic performance.
One of the best ways to get employees attention
about business priorities is to link results to
rewards. This briefing paper provides some ideas
about how Balanced Scorecard and reward can be
linked.
REWARDING CONTRIBUTION
Leading organisations recognise that they need
to pay for what matters most and employees’
contribution definitely matters. But misalignment
– rewarding for “A” while hoping
for “B” occurs far too often. This
briefing paper set out our perspective on rewarding
contribution and provides some ideas about linking
reward and customer satisfaction, essential competencies
and team excellence.
PERFORMANCE RANKING
The use of performance ranking is now becoming
more widespread particularly among U.S. companies.
The fundamental aim is twofold: finding, keeping
and growing people who are top performers or have
the potential to be so; letting go those that
are at the bottom of the performance ladder. We
review two approaches and the implementation challenges.
EXECUTIVE REWARD
Top management remuneration continues to make
the headlines. In this briefing paper we set out
our perspective on some of the latest trends such
as restricted share plans, performance units,
bonus banking and the corporate governance aspects.
RECOGNITION AND
CELEBRATION
These are many types of recognition programmes
in use today. Few are noted for their ability
to convey special recognition or improve, or sustain
high performance. The focus of this briefing paper
is how to make recognition special and truly meaningful
to employees.
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