Topics

Reward strategy

Sheila Attwood Editor's message: Your organisation's reward strategy describes how the organisation will use reward policies, practices and processes to support the delivery of its business strategy. The organisation should be clear how each element of reward - such as salary, bonus and benefits - is going to deliver its desired outcomes in terms of, for example, attraction, retention and motivation.

Adopting a total reward approach can help to deliver the objectives of the reward strategy. Total reward encompasses the tangible aspects of reward, such as pay and benefits, along with non-pay items, such as work environment and training opportunities. Organisations that recognise that people are motivated by more than just money can use this to influence employee behaviour and engagement.

Sheila Attwood, managing editor, pay and HR practice

New and updated

  • Date:
    21 July 2022
    Type:
    Podcasts and webinars

    Webinar: How to benchmark salaries and benefits in a fast-paced market

    Sheila Attwood shares the latest figures on annual pay reviews, while Penne Cecil Hutton addresses how to benchmark pay and benefits when things are moving so quickly.

  • Date:
    29 April 2022
    Type:
    Podcasts and webinars

    Webinar: XpertHR Cendex labour market briefing - pay awards, inflation, reward priorities and the economic context

    Cendex's Ed Cronin and XpertHR's Sheila Attwood provide data and insights to enable you to plan key reward activities for 2022, including pay rises, recruitment and retention and reporting on pay gaps.

  • Date:
    11 March 2022
    Type:
    Commentary and insights

    Seven priority areas for HR and reward in 2022

    The coronavirus (COVID-19) pandemic has highlighted the importance of how people at work are managed and engaged. Duncan Brown looks at just what HR has achieved over the past two years, and gives his advice on how it can continue to build on this through his seven priority areas for HR and reward.

  • Date:
    25 February 2022
    Type:
    Podcasts and webinars

    Webinar: The role of pay and reward in the HR function in 2022 and beyond

    Duncan Brown, independent government and employer adviser, and researcher on reward management issues, discusses the role and content of reward strategies for 2022 and beyond as HR moves into a post-pandemic world.

  • Date:
    14 October 2021
    Type:
    Podcasts and webinars

    Webinar: Giving your reward strategy a starring role to drive your employee value proposition

    Debra Corey, Chief Pay it Forward Officer, speaker, author and consultant at DebCo HR, introduces the concept of employee value proposition (EVP) and explains the important role that reward has to play to drive your EVP.

  • Date:
    16 July 2021
    Type:
    Podcasts and webinars

    Webinar: Reward benchmarking - what, why and how

    Cendex's Penne Cecil Hutton talks through reward benchmarking, including when to use it, data sources, and how to effectively benchmark all elements of reward.

  • Date:
    30 April 2021
    Type:
    Podcasts and webinars

    Webinar: Reward planning - the latest trends, expectations and priorities

    Cendex's Ed Cronin and XpertHR's Sheila Attwood provide data and insights to enable you to plan for some key reward areas this year, including pay rises, grading structures and bonuses.

  • Date:
    24 March 2021
    Type:
    Podcasts and webinars

    Webinar: Reward strategy actions for 2021

    Duncan Brown, independent government and employer adviser, and researcher on reward management issues, discusses the need for change in prevailing UK reward models, and shows how organisations can begin to build back better and fairer reward strategies.

  • Date:
    4 January 2021
    Type:
    Commentary and insights

    Employee benefits: no longer one-size-fits-all

    A benefits scheme is a vital part of HR's recruitment and retention toolkit but employers are starting to realise that traditional off-the-shelf packages are no longer the best way to meet changing employee needs and attract new talent.

  • Date:
    27 February 2020
    Type:
    Survey analysis

    Reward priorities survey 2020

    XpertHR research looks at where reward teams will be focusing their attention over the coming year and the strategies and factors underpinning this.

About this topic

HR and legal information and guidance relating to reward strategy.

Reward strategy: key resources

Tools for pay specialists