General Direction

According to CIPD research, just under half of UK employers have, or are in the process of developing, a written reward strategy. During a recession pay budgets often get curtailed. HR managers come under increasing pressure to demonstrate that the investment in reward is delivering “value for money” whilst ensuring a maximum return in line with corporate objectives.

There has therefore, never been a more important time to check that reward issues are integrated and fully support the business objectives, whilst engaging and motivating colleagues to deliver these objectives. If you already have a strategy, it may be appropriate to review it to check its continued alignment. If you don’t have a strategy, this may be a good time to consider adopting one.