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1. Reward health check offer – time to take stock and maximise returns How long is it since you reviewed your reward package – does it cost more than it needs to? Do your employees value the reward package? Reward First People … Continue reading
My recent LinkedIn poll: “What can HR and reward professionals learn from the Olympics? Is it more investment in:….” demonstrated the potential power of mentoring and coaching in raising competencies to standards of excellence. It also reminded us that the … Continue reading
Line managers in reward – what makes them important? The role of line managers is becoming increasingly important in influencing employee satisfaction in the workplace and this has been borne out in past years by CIPD research. This may not … Continue reading
Line managers are the biggest factor in the success or failure of your reward scheme. And that’s true not just when you reach the implementation stage – but at a much earlier stage in the process. In fact, we believe … Continue reading
By Sylvia Doyle, Reward First People Consulting & Partner, Reward Consulting Partners LLP While all the usual clichés and stereotypes abound during the Olympics, it’s hard not to be moved by the team GB men’s gymnastics scooping a bronze medal. This … Continue reading
Recognise that you can’t buy employee engagement – you have to create the conditions in which staff choose to give it Be prepared to commit the necessary time, effort and resources in order to build and maintain employee engagement Discover … Continue reading
Marks and Spencer’s HR Director needs no convincing about the benefits of employee engagement. Speaking at the end of last year, she said: “If the 25% of M&S stores with the lowest engagement scores performed as well in sales terms … Continue reading
Getting the right reward strategy can help deliver significant organisational advantages. But getting it wrong will lead to greater turnover and disengaged employees. Reward programmes can carry strong messages which need to be understood and aligned with the broader people … Continue reading
Set the ASR budget provision How much money needs be set aside in the financial budget for the coming annual salary review? When setting your budget, take into account external factors such as key economic indicators and predicted movements in pay levels … Continue reading
Reward First ® People Consulting has launched the Reward First ® mentoring programme today – a niche service to provide reward decision makers with 1:1 mentoring. Believed to be the first of its kind, using a highly tailored, executive coaching … Continue reading