The programme themed "Money in the Workplace" addressed how we’re dealing with pay and benefits today, and gave delegates essential insights into future strategic practices that account for business change, increased digitisation, demands of younger workers, an ageing workforce, economic pressures, the war for talent and regulatory change.
Speaker presentations are available to download - they're attached to the relevant speaker photos below.
Video tutorial: Reward directors from Cisco, HSBC and Ascential on what they'd do differently
Money in the workplace: re-thinking reward to meet new demands
Business change, increased digitisation, demands of younger workers, and an ageing workforce, economic pressures, the war for talent, regulatory change: all are leading to employers to rethink what a reward and benefits package needs to look like to appeal to today’s employees and deliver improved business performance.
At their core, reward and benefits packages are about making the most of the money that people earn through work. By taking it back to this level, REBA's 2018 Reward Leaders' Forum plans to delve into each aspect of money via the workplace and examine how it needs to adjust to meet the needs of a 21st century workforce.
Professor of Psychology, University College London
Make your reward packages more efficient in today's climate.
It's time to re-think reward packages so they appeal to today's employees in today's climate, and deliver improved business performance! The below agenda is shaping nicely. Keep returning to this page for the latest session details as they are published.
Registration & networking
Welcome: Debi O’Donovan, REBA
Keynote: Engaging employees with pensions and savings
Guy Opperman MP, Parliamentary Under Secretary of State, Pensions & Financial Inclusion, Department for Work & Pensions
The Coca-Cola Company: Aligning reward to business strategy and cultural transformation
Readying the organisation for major change in reward
Redesigning compensation and benefits for a 130-year-old organisation with a new vision for the future
Implementing a global listening strategy to gain perspectives from senior leaders, employees, investors and growth companies
Positioning compensation for growth
Optimising benefits for simplicity, engagement and empowerment
Gareth Whalley, Director of Total Rewards, The Coca-Cola Company
Round table discussion: Re-thinking reward and benefits for a changing workforce Join round-table discussion groups with your peers to share ideas and solutions for common challenges, including:
How to structure a benefits package to help staff onto the housing ladder, hosted Charles Cameron
How to help employees develop lifetime savings habits, hosted by Close Brothers
Futureproofing your reward & benefits offerings in a time of demographic change, hosted by Curo
Pulling your financial wellbeing strategy into your broader wellbeing strategy effectively, hosted by Hymans Robertson
Measuring where you’re starting from with wellness so you know how much progress you’ve made, hosted by JLT Employee Benefits
Communications which drive highest engagement in benefits, hosted by LCP
Using your health and wellbeing package to mitigate work pressures, hosted by Lorica
How to pull together an overarching financial wellbeing strategy, hosted by Mercer
Alternatives to pensions: what short- and medium- term savings do staff want, hosted by Smarterly
The ultimate connection – developing a benefits strategy that treats employees like customers, hosted by Thomson Online Benefits
The when, why and how of choosing a financial adviser for your workplace, hosted by Wealth Wizards
Refreshments & Networking
A series of 8 break-out sessions enabling a closer focus on particular challenges facing today's heads of reward and benefits. Topics to be covered in two concurrent streams will include:
Understanding how the ageing workforce will change attitudes towards retirement and demand changes in workforce planning Learn from new research covering 500 companies which reveals: • The gap between aspirational retirement age and realistic retirement age. • Myth or reality: the effect older workers will have on productivity • How the ageing workforce impacts the business for each year of delayed retirement • What steps and tech we can use to tackle the problem and improve financial wellbeing around retirement Phil Blows, Director from Wealth Wizards
The ultimate connection: how to create a benefits ecosystem for your people to thrive • Breaking down benefits and wellbeing silos in your reward strategy • What do your employees really want: finding the moments that matter and using them to create the complete one-on-one connection • And with this in mind, consumer experience ecosystem: case studies from the field David Dodd, Consulting Director, Thomsons Online Benefits
What does a fully rounded financial wellness strategy include? • With so many providers and advisers in this fast-growing market, how do you pick the right supplier(s)? • What to look for from a good financial education provider? • Is bringing financial advisers in a risk or a remedy for employers? • Using tax breaks: pensions advice vouchers and other tax-free offerings. • When is online and robo-advice right for your workforce? • If using a variety of specialists, how can you ensure they work cohesively? James Biggs, Consulting & Wellbeing Director, Lorica
Digitising your EVP – embracing the power of technology in the right way • Doing it the right way to ensure success • How do you bring people on the journey? • When do you know if you’re finished? Andrew Drake, Proposition Director, JLT Employee Benefits
Optional change of rooms
Cracking the communication conundrum: inspiring employees towards a better financial future • Communication in today’s world – using the full spectrum of channels, tools and apps to provide inclusive strategies to engage all staff • Releasing the inertia hand break. The biggest challenge to drive improved financial wellbeing is in getting people to act – here, we show how effective communications can drive action and change. • Transforming relationships with money. Money isn’t the answer, it’s a tool; financial security comes from showing people the power of planning, the steps they can take and the pitfalls to avoid. Jeannette Makings, Head of Financial Education & Simon Williams, Financial Planner, Close Brothers
Why it’s time to retire the traditional approach to retirement: and how employers can create a more proactive strategy • Learn from the “Healthy, Wealthy & Workwise” research as to why employers need to rethink their approach to their financial benefits strategies - including a personal perspective from a Gen Y speaker • How your organisation’s approach to retirement needs to integrate with your overall benefits strategy to be effective • Getting your board to understand the ROI on, and the employer's obligation to provide, a refreshed retirement strategy • Putting in place the right financial wellness programme to suit all your employees regardless of their pay and level • Understanding the impact of the pensions gender gap, and how to reduce it in your organisation Eve Read, Consulting Leader and Colin Morris, DC Analyst from Mercer
Harnessing the power of technology to improve your pay and compensation • How to leverage technology to drive optimising compensation spend rather than just achieving operational efficiency • How technology can help improve your reward governance • How BI and Analytics can help you fulfil your role as evidence-based business enablers • How to get ready for real time reward Ruth Thomas, Senior Consultant, Curo
Developing a financial benefits package that will appeal to younger staff • How to identify which financial benefits to include to appeal to younger generations. • Which benefits work for those paying off student debt and/or trying to save their first house. • Options for short, medium and long terms savings in the workplace: ISAs, LISAs, share schemes, cash savings and pensions. • Getting the message right to engage younger staff with their finances. Dipa Mistry, Head of Flexible Benefit Services & Aiden Cole, Partner Lane Clark & Peacock LLP
Keynote: Understanding the real motivators in the new world of work
Why money in the workplace is not a motivator but a satisfier
The new employer-employee contract: moving on from the paternalistic relationship to one of choices and flexibility
What will become more important in terms of reward and motivation in tomorrow's workplace?
Professor Adrian Furnham, Professor of Psychology
Round-table discussions: Addressing key complexities when managing pay and bonuses in a complex reward environment Join round-table discussion groups with your peers to share ideas and solutions for common challenges, including:
What next after gender pay reporting: long term solutions to problems unearthed
Total reward statements: what works, what doesn’t
Keeping pay pressures under control
Dealing with the thorny issue of bonuses during maternity pay, sick leave and so on
Latest developments on variable pay: what is good current practice
Refreshments & Networking
TRANSFORMING REWARD: EMPLOYER CASE STUDIES
LAIRD: Managing business change - restructuring reward to engage employees and retain talent
Understanding the role of reward in the people management process during a time of change
Managing the challenge of re-framing reward expectations
It’s never just about the money: how much can you personalise your approach to compensation and benefits to keep key people
Tom Blake, Group Head of Reward & Global HR Director, Laird
SHELL UK: Reviewing reward and benefits strategy to meet the needs of a multi life-stage workforce
• Using data analytics and focus groups to work out what engages employees, and what is failing to engage • Reviewing the reward offering against key business criteria and cost of delivery • Avoiding the danger of over-complication when working to provide a flexible reward strategy
Sandra Perlaki, UK Policy, Benefits & Services Manager, Shell International
What we’d do differently tomorrow Three leading Reward Directors share what they have learned from the day’s session – what will you do differently tomorrow?
Meera Mistry, Head of Reward, Ascential; Sheila Champion-Smeeth, Total Rewards Consultant EMEAR, Cisco and Peter Robotham, Head of Group Employee Benefits Policy, HSBC