TOWERGATE

Industry: Insurance
Number of Employees: 10, 000
Website : https://www.rsagroup.com

Towergate is one of Europe’s largest independently owned insurance intermediaries, with over 100 offices nationwide. It offers over 200 specialist insurance products, underpinned by strong relationships with some of the UK’s leading insurance companies.

reward strategy for towergate

CHALLENGE:

Towergate Insurance was looking for clarity on its existing reward framework and wanted to carry out an audit to understand its challenges and opportunities for improvement. It also wanted to review its performance management process, as well as its approach to career and pay progression.

SOLUTION:

We met with the Head of HR Transformation and Head of HR Business Partnering, as well as the wider team, to gather information on people capabilities, reward management and performance management.

We also reviewed other HR metrics, such as employee turnover, pay increases and the employee opinion survey to provide a current state audit. We identified the biggest reward challenges and produced a plan and recommendations for tackling them.

OUTCOME:

Towergate was given a project plan and timeline detailing the steps required to implement a new framework to manage pay and reward more effectively. The project plan provided the HR and Reward team with clarity over what needed to be done and how to begin the process internally, with our support.

Client’s Testimonials

Rameez balances a calm, easygoing manner with the deep technical knowledge needed to design and deliver solutions that consistently meet the needs of our business. He has built relationships at all levels within the organisation and has a proven ability to influence others in a quiet but highly effective way.
Lorna Benton - Group Reward Director, RSA

Contact us today for more informations on our reward consulting services.

GET IN TOUCH