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Align reward
Does your reward framework reflect your business needs and support delivery of your business goals? and recognition to goal achievement The most basic requirements of a reward framework are that it supports the retention and recruitment of good people, and is also equitable, within the budgetary contraints of the business. The first challenge for any business is to find the right balance between fixed reward elements (basic salary, benefits, allowances) and variable performance based reward elements (short-term incentives, long term incentives, recognition awards). The ideal balance will differ by role, but the key is to ensure that variable pay is directly linked to the delivery of individual objectives and/or business goals. We have extensive experience in the area of total reward framework design, and sales force reward in particular. We can assist you in designing and implementing a reward and recognition framework that supports achievement of business goals. |