Rewards Strategies in a changing world
We are one of Europe’s leading independent Total Rewards, Pay & Incentives Consultants.
We create efficient, logical and effective remuneration structures to help you manage every aspect of employee Rewards. This includes Job Evaluation, Market Pay Analysis, Base Pay Design, Employee & Executive Incentives, and all aspects of Employee Recognition. We learned our craft as Partners and Directors at KPMG, PwC, Accenture and Deloitte. We are passionate about aligning your Pay and Incentives with your business objectives. We work with our clients directly and do not send you junior staff. By appointing the Reward Practice, you will be securing professional expertise of the highest order, gained by helping clients succeed over a period of over 30 years.
Every organisation has strong views on where it is in relation to its competitors, its markets, its customers and its employees. Our family of bespoke core services, including Talent Management and Reward Consulting, quickly gets to the heart of what needs to be done to improve performance and employee engagement.
Whatever the selected approach, you will also be given a wide choice of how to move forward. This can either be chosen from a range of our core service offerings or can be provided from our Implementation Suite which provides a choice of proven approaches to achieving the changes you need to make.
Here are The Reward Solutions we can offer you:
Pay & Reward Audit
Are you getting value for money for your investment in people, their pay and benefits? A quick and inexpensive audit will provide a report on how to bring your pay practices right up to date.
Pay Restructuring
Perhaps you have been able to grow your business without formal pay structures. The time has come to bring some order and logic to how you pay your employees or you may have simply outgrown your existing structures.
Job Evaluation
Modern Job Evaluation is efficient, accurate and the bedrock of best practice in employee remuneration: we will deliver clear logical and fair pay structure for your organisation.
Salesforce Pay & Effectiveness
Is your salesforce working within a Reward framework which recognises effort, delivery and achievement? Our wide range of methodologies and tools encompass every type of sales activity and the best reward strategies for every situation and employee sales category.
Market Pay Benchmarking
Do you understand the external pay market? We provide bespoke surveys and interpretation so that you can be positioned with confidence in the right market position, depending on your location, size and industry. We ensure that you balance pay competitiveness with value for your budget investment in pay.
Variable Pay, bonuses & incentives
Whether you need to create Executive Long and Short term Incentives, or need to incentivise key functions for the very first time, we will create a framework which fairly recognises each employee’s contribution and focusses both employees and teams on achieving your business objectives.
Who have we helped get their pay right?
These are some of the companies who we have helped to attract, retain and motivate their talented employees. To join them, do get in touch!
About the Reward Practice
We are based in 5 international locations – US, UK, Switzerland, Ireland and Luxembourg.
Effective Reward Strategies have many components: only one is consistently present to achieve success – a bespoke approach which results from listening to your needs, your competitive situation and your workforce challenges. Off-the-shelf solutions are quick and cheap. Ours are laser-sharp and competitively priced.“There is no room for error where Total Rewards is concerned. We will ensure that you get it right first time, every time”.
Alan Gibbons, The Reward Practice