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Reward Management

Does your organisation take the Total Reward Approach?

Variable pay and benefits as well as non-financial rewards are key drivers to behavior and performance
Variable pay and benefits as well
as non-financial rewards are key
drivers to behavior and performance

The current employee population needs more than just a competitive salary to be lured by an employer. In today’s market, variable pay and benefits as well as non-financial rewards are important drivers when it comes to behaviour and performance within an organisation.

Compensation & Benefits Managers have focused on monetary pay and benefits for a long time; however, two other elements must now be considered when creating an organisational Reward Strategy:

Personal Development: Employees today want to know about the development options provided by an organisation. Variety, flexibility and areas of growth are musts for Generation X and Generation Y employees.

Work-Life Balance: On the other hand, employees seek work-life balance that is harmonised with their different life phases and lifestyles. Before implementing employment flexibility policies, it’s imperative that employers understand and plan for the organisational impacts of such policies.

In short, your reward package should be more than just pay and benefits. To be competitive, companies should adopt a Total Reward Approach that is embedded in their corporate and HR strategy for their employees.

Hudson Reward Management specialists design individual salary positionings for employees and top executives and advice you on your compensation & benefits policy: from variable pay systems, company car policies and benefit plans up to stock related compensation.

Hudson was nominated Best Compensation, Benefits and Incentives Company by the HR Excellence Awards in 2010.

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Hudson has more than 35 years of experience and is the undisputed market leader in the HR consultancy sector. Every day, the Hudson HR experts use all their specialist knowledge regarding the recruitment, interim management, development, coaching or compensation of employees to support our customers so they can achieve their ambitions.