New Model Reward Research: Reward to change significantly in next 10 years
New research into how societal, legislative and economic changes are impacting reward and employee benefits has been published.
The New Model Reward Research 2017 conducted by the Reward & Employee Benefits Association (REBA) in association with JLT Employee Benefits, explores current impacts but also looks five and ten years into the future to get a barometer on how strategies are expected to shift.
In the long term the rise of agile working, pensions auto enrolment, salary sacrifice, house prices and student debt will shift thinking on reward, according to the research.
“For now, organisations are taking a short term view in the face of legislative, societal and increasingly flexible working practices,” said Debi O’Donovan, director of REBA.
REBA Members and REBA Associate Members (and their employees) can download the full research for free when they log into the REBA website using their membership login details.
Non-members can download the research at a cost of £349.
If you’re not already a Member and meet REBA’s qualifying criteria, please do apply to join REBA today in order to access the research. Membership for HR and reward practitioners is free.
The research covers the following four areas:
- Pay strategy
- Pension strategy
- Reward spending
- Reward in 2025
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