White paper: Rewards after the pandemic


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Dr Duncan Brown and his rewards after the pandemic group have published their Charter for reviewing and renewing reward strategies.

The group believes that a stronger emphasis on fair, collective and compassionate reward policies and practices in future would be a justified and highly beneficial outcome from the horror of COVID-19. They see great value in employers and HR leaders undertaking a strategic, systematic review of their employment and reward practices, and have developed a framework to encourage and support this review process.

The Charter encourages employers to identify underpinning principles for reward practices and provides key questions to ask – and actions employers might take – to progress, including:

  • How fair are our current reward policies; how do we better deliver fairness in the future?
  • How well do we reward and recognise the contribution of staff at all levels and in all roles?
  • How well do we support the security, health and wellbeing of our workforce?
  • How well do our rewards reinforce the goals and values of the organisation?
  • How competitive are our pay policies, how well do they support recruitment and retention?
  • How well do we motivate and engage all of our different and diverse employees?

Contributors

Duncan Brown

Dr Duncan Brown

Independent Reward Adviser and Researcher



FREE

This report is free for members!