Reward Principles & Pay Philosophy
Clearly defined reward principles aligned to your strategic goals
How it works
Our mission is to help companies build trust through pay transparency. This means giving people context around how and why pay decisions are made.
The first step in this process, before we get into salary benchmarking or job architecture, is to develop your reward strategy and pay philosophy.
In the same way that our organisational values define our culture, our reward principles define our approach to pay and reward. And enable us to communicate this clearly to employees.
In a two-hour workshop with your leadership team, we’ll discuss where you are now and where you want to be when it comes to pay and reward.
We will cover:
Based on feedback from the leadership team, we will draft your pay philosophy around your strategic aims and organisational values. These will underpin the design of any future reward framework.
It is important to communicate any new changes and policies so that your employees feel part of the process. This can help develop trust and a sense of purpose that leads to more engaged colleagues.
We offer different reward communications packages to suit your needs and help communicate clearly and honestly to employees.