If.... provides a full range of bespoke Reward and Organisation Design support, ensuring that internal business leaders and HR teams have long-term ownership of resultant solutions.
Insight driven to meet business needs
Using detailed anlaytics, market knowledge and creative thinking, Reward consulting can make a tangible difference to costs and employee motivation: Develop Reward philosophy, define Reward Strategy, define and deliver an execution plan to deliver Strategy, devlop performance managemen systems. Evualuate how to egage employees better in reward
All aspects of Compensation work undertaken - in particular using reward to develop a performance culture:
Executive Comp, Approach to Pay Reviews, Market Pricing, Salary Benchmarking, Salary band definition, PRP, Bonus design, Total Cash, Variable Pay (all elements) and LTIP, Due-diligence preparation, harmonisation of pay structures.
All aspects of benefits & Culture work undertaken:
Global benefits benchmarking, Market benefit review, development of benetit strategy, benefits portals, flexible benefits, DB and DC pension scheme review, Total Reward Statements, Communication, link of benefits to reward philosophy, non-financial rewards, Environmental aspects, Work/Life balance
Total or partial service offered to review current pay structure, including job evaluation & grading, and carry out pay audit & action plan. Strong focus on fairness and equality of total reward offering adhering to local labour legislation. With particular focus on comparison of equal jobs. Ensure you are ready for the new equal pay obligations in 2017.
Org Design is often closely linked to Reward solutions. Job evaluation, using globally recognised systems, allows solutions to be developed that maximise efficiency and productivity:
Development of Grading structures and Job Architecture, Competency profiling, design of role and skills frameworks, Grading Guide charts.
Linking Reward to bith HR and business strategy is crucial. If.... can provide in support in reviewing whether the reward pholosophy in place connects with the future business strategy and direction.
In particular the optimal design of bonus and LTIP programmes to acheive business goals.
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