Stop Press: Alan Gibbons will be talking about new insights into old techniques, which are enabling many companies to gain new insights into how to organise, attract and motivate new generations in their workforce.
Alan Gibbons, Managing Director, The Reward Practice
In the United States, decades of slavishly following market pay (and its 50th percentile holy grail) have now given way to a strong desire for structure and stability, both aligned with good talent management practices.
To remain competitive, they have little choice. In Europe, traditional equity-based internal reward structures can no longer ignore the real world’s external pay market, characterised by a mobile, well-informed workforce who shun their parents’ virtues of loyalty and patience. A pedestrian, myopic approach to rewards will not cut it with those whom we must engage with and motivate.
We have been taught that we must try and bring these unlikely bedfellows together, but be honest, it never was a complete success. There is a lot at stake – we can no longer plod along as before – our total rewards structures must be sharp, current and compelling, delivered with panache. The next generation of job evaluation techniques blends work and worth in a way that has never been seen before, creating systems which work for all and are delivered at the right price.
This session will look at three recent case studies from the US, UK and Europe, showing how simple techniques to embrace both the market and internal equity can be applied. Alan will share tools which are easy to understand and which get the transformation done in weeks, not months or years. Join Alan, a youthful veteran of over 300 job evaluation projects, on a journey of discovery. Empower your team to take ownership – no external help necessary.