Organisations can struggle to deliver the real value of their reward package, harming the impact on employee engagement. There is little return for all the hard work that has gone into delivering fair pay, engaging benefits and impactful recognition.
Why?
More often than not, the answer is simple: poor communications.
A carefully planned and properly executed reward communications strategy will go a long way towards improving engagement, increasing job satisfaction and, ultimately, having a loyal and motivated workforce.
At 3R strategy we offer a unique integrated approach to reward consultancy and comms that can deliver just that.
Increase Job Satisfaction by Over 40%
One of the best predictors of employee engagement is pay transparency.
A PayScale survey found that employees’ job satisfaction increased from 40% to 82%, even when they were being paid less than the market rate, simply by having someone take the time to explain how pay decisions are made.
How it Works
Great communications should be a core element of your reward strategy.
As such, the starting point of our work is to get a full understanding of your reward strategy and pay philosophy, as well as the principles that guide reward decisions and key features of your approach.
We will work with your HR and internal comms teams to familiarise ourselves with your internal brand guidelines, preferred style and tone of voice, and touch points with other areas of the organisation that our work needs to align with.
We will also investigate strong points and weaknesses of previous reward communications. This can include a review of past comms materials, interviews with HR and process owners, and/or employee focus groups.
We will then formulate a reward communications strategy with elements that can include:
We have the flexibility to adapt our approach to the scope of your requirements and budget.
We can also provide more targeted support with communications for your annual reward processes, training materials for managers and employees, or ad-hoc requirements.
Related Services
“3R Strategy balances a calm, easygoing manner with the deep technical knowledge needed to design and deliver solutions that consistently meet the needs of our business. They have built relationships at all levels within the organisation and have a proven ability to influence others in a quiet but highly effective way.”
“Their team demonstrated exceptional competence, deep industry knowledge, and a genuine commitment to our organisation’s success. They seamlessly integrated their expertise with our existing practices, ensuring the entire project was smooth and efficient. The project has provided our employees with clear pathways for growth and advancement and allowed us to be as transparent as possible.”
“It was a no brainer that we would work with 3R Strategy to support the roll out of a clear reward strategy. From our initial consultation call it was clear we wouldn’t need to squeeze into a set structure but the complexities of our business would be very much taken into account, to create something bespoke for the IOE&IT.”
“3R Strategy continues to provide technical and pragmatic reward advice to Vitality. They have provided exceptional support in evaluating our business challenges and designing a project plan to meet our evolving needs.”
“3R Strategy has been helpful, diligent and professional. The biggest benefit to working with the team is that we now have one clear reward strategy in place. Having that clarity and visibility throughout the organisation will help us maintain great relationships with our employees.”
“3R provided a clear framework against which trustees and senior management at Local Trust could benchmark their approach to pay and reward, develop clear principles to underpin future plans, and communicate them effectively and transparently to both existing staff and potential new recruits.”
“I enjoy working with 3R Strategy as the team has such a breadth of experience across Reward. I think there is real benefit in the fact many of them have gained this experience in-house, in major global reward consultancies and now in a specialist boutique reward and recognition practice.”
“We welcomed the approach articulated of being an extension of our HR & Organisational Development team and this reassured us that they would integrate themselves into the business and deliver recommendations tailored to our organisation.”