REBA/JLT New Model Reward Research 2017
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This is the third in a series of in-depth data insight reports from the Reward & Employee Benefits Association.
Why new models of reward will emerge by 2025
In this report we test the water on how economic pressures, demographic changes and new legislation is changing pay and pensions strategies.
It also looks ahead to 2021 and 2025 by asking employers today what their future reward strategies will look like. in which we take a snapshot of the current state of employee benefits provision in the UK.
FREE for REBA members
REBA Research reports are free to access for REBA members and Associate Members.
Current REBA Members and Associate Members should log in to get this report free.
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Note: Membership is complementary, but is restricted to qualifying professionals in the HR, Reward and Benefits function.
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Rewards and Benefits Consulting Director
Global EVP Rewards
Director of Pensions, Reward & Benefits
Partner and Head of Employment Team
Professor Geraint Johnes
Director of Research
Senior General Manager Reward - UK, Ireland & Nordics
Dr Duncan Brown
Head of HR consultancy
Performance and Reward Adviser
How legislative, economic and societal changes are re-shaping employers’ pay and pensions strategies over the next 5 years, and the next 10 years
About the survey
The survey was carried out online in July 2016. Responses were received from 183 pay, reward and benefits practitioners working within a variety of employer organisations of different sizes and industry sectors.
Executive summary page 6 Tides of change: the shifting focus of reward
Practitioner view page 13 What reward and benefits directors say about pay and benefits
- Pay strategy page 15 Pressure tap: Legislation and social change affecting how employers set pay strategies
- Pension strategy page 27 Thirst quenching: emphasis for workplace retirement savings is changing
- Reward spending page 37 Flowing in new directions: the shift from base pay to benefits
- Reward in 2025 page 40 Unchartered waters: the direction of pay and benefits in the next decade
Appendix 1: About the survey page 42
Appendix 2: Full list of respondents page 43
Appendix 3: Company information page 44
About the author
Graham Brown is a specialist researcher within HR, pay and employee benefits.
He previously headed up employee benefits research at Incomes Data Services (IDS) producing surveys, insight reports, in-depth research and case studies on all aspects of total reward – including pensions, share schemes, company cars, bonus schemes and flexible benefits.
After 12 years at Thomson Reuters (IDS), Graham is now a freelance writer, researcher and editor specialising in all areas of HR, including: pay and reward, employee benefits, training and development, recruitment and employee relations.
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