In the context of a cooling labour market yet strong wage rates and ongoing economic instability, there are evolving trends that Reward, Compensation and HR Directors should have top of mind in order to walk the tightrope between securing the talent and skills to deliver on business strategy while still controlling overall pay spend.
This webinar will explore how those involved in pay and reward strategies can adapt in the light of an increasingly frustrated employee/employer relationship where real wages have not kept up with inflation, pay is top of the agenda, while the cost-of-living is still biting.
While the webinar will be primarily UK-focused, the panel will discuss the impact of emerging body of pay transparency legislation (both EU directive and emerging US State legislation) and on employers, and why those not directly required to make change will still need to take a proactive rather than defensive approach to stay ahead in the competition for talent and skills.
Key issues to be explored
• What should be top of the Reward Director’s to-do list in 2024
• Why economic uncertainty does not automatically mean tightening pay budgets
• Ways to invest in pay to drive business during tougher times
• Understanding what employees value in order to optimise compensation spend
• Why UK employers do need to take account of pay transparency legislation in the EU and US and the ongoing importance of pay equity
• Alternative compensation ideas to avoid strikes, resignations and employee demotivation
Thanks to strategic partner Payscale for supporting this REBA webinar
Chief Product Evangelist, Payscale
As a co-founder at Curo Compensation Ruth pioneered the use of SaaS technology to transform traditional approaches to reward and drive fair pay. Following Curo’s acquisition by Payscale in 2021, Ruth now provides strategic thought leadership in her role as Chief Product Evangelist. She focuses on infusing pay equity across our product suite and elevating our thought leadership presence.
Ruth has been a leading voice in the campaign for pay equity and worked with global organizations to leverage technology to help them effectively optimize their reward strategy and deliver fair and transparent pay. She is a sought-after speaker, writer, and commentator on pay equity, compensation trends and the future of work. With over 30 years of international expertise in the management of compensation processes and the design of pay and benefit structures, salary progression systems and management incentive plans, her corporate experience includes Lloyds TSB Group, Price Waterhouse Coopers, Dow Jones Group and Credit Suisse.
Head of Performance & Reward EMEA, Norton Rose FulbrightSusie has worked in reward in the legal sector for over 10 years, most recently joining Norton Rose Fulbright as their Head of Performance and Reward – EMEA. Susie has experience of managing employee benefits, pensions and all aspects of compensation in the UK and internationally.
Senior Director Compensation and Benefits EMEA, IQVIASoraya has over 20 years dedicated international compensation and benefits experience. With first hand experience of the majority of compensation subjects and benefits management provision.