A reward strategy sets the parameters for designing and implementing remuneration policies and practices that support your organisation’s objectives by delivering a motivated and effective workforce.
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By Simon Hare
on Wednesday, May 18th, 2022 in Reward Strategy, Newsletters, All Categories.
While some employers have been reluctant to adopt physically disparate working practices – such as technology-supported working from home – many organisations have been successful in sustaining high levels of productivity. However, is WFH causing longer-term damage to employee engagement?
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By Simon Hare
on Thursday, June 24th, 2021 in Reward Strategy, Newsletters, All Categories.
While some employers have been reluctant to adopt physically disparate working practices – such as technology-supported working from home – many organisations have been successful in sustaining high levels of productivity. However, is WFH causing longer-term damage to employee engagement?
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By Simon Hare
on Friday, July 31st, 2020 in Reward Strategy, Incentive Pay, Newsletters, All Categories.
Revising goals and objectives during the year requires more effort than in the normal annual planning phase. While recalibration of some targets using the same measures is understandable, some objectives could be scrapped and replaced.
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By Simon Hare
on Saturday, April 25th, 2020 in Reward Strategy, Remuneration software, Incentive Pay, News, All Categories.
In this current business paradigm, all employers are considering how to keep their people working safely and effectively. WFH is frequently the preference, and that’s how I plan to offer my services for the next few months.
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By Simon Hare
on Thursday, August 16th, 2018 in Reward Strategy, Incentive Pay, Newsletters, All Categories.
Competitive base pay has always been a major enabler in attracting talented people. Enduring engagement of employees requires “recognition for contributions” – both financial and non-financial.
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By Simon Hare
on Friday, November 11th, 2016 in Reward Strategy, Incentive Pay, Newsletters, All Categories.
Every company needs a crystal clear reward strategy that echoes its business strategy. The Long Term Incentive plan should have objectives to motivate each executive to stay with the company and keep future-focused.
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By Simon Hare
on Tuesday, July 14th, 2015 in Reward Strategy, Incentive Pay, Newsletters, All Categories.
Every employer should expect an incentive plan to focus the efforts of employees on what’s most important to business success. Talented people don’t usually need a financial reward to work harder or smarter, but a good incentive plan gives direction.
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