Because it’s such an important process, we’ve put together a Guide to carrying out an ASR. Plus we offer some helpful tips for ensuring yours is a success.
In keeping with the theme of the November 2011 newsletter (communicating reward) careful planning and communication are key. Effective communications will help to manage expectations and support timely implementation; this is critical when there is an element of performance related pay.
Top guidance includes include using reliable and up-to-date market data and allowing enough time to ensure that you arrive at the “right” amount for the individual and the organisation. As always, a thorough review of the process will ensure that future pay reviews are optimised.