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29 Jan 2018
by Liz Morrell

Video tutorial: How to build the business case for digital investment in reward

Employers need to make decisions on what they know not what they feel, according to Andrew Stemp, associate partner at Aon Strategic Advisory.

Speaking at the REBA Innovation Day Stemp said that with the changing nature of the workforce there was a greater need than ever for a focus on engagement and total rewards, especially to attract and retain staff. “Employers need to get more savvy about attracting the right people,” he said.

His session explored how to build the business case to justify investment in digital offerings for reward and benefits. Simply benchmarking against the competition was no longer relevant to future-proof reward and benefits strategies, he said. Instead compelling, data-driven propositions were needed to ensure future decisions were made based on fact, he explained. 

"Having some great benefits is not necessarily the same as having the benefits everyone else has got,” he said. "As reward people we have to move away from doing what we have done before to being innovative," he said. 

This video tutorial was recorded at the REBA Innovation Day, which was held on 23 November 2017. 

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