Rudi Bauer & Kent Frederiksen
Beyond Paychecks: Designing Reward Systems for a Meaningful Employee Experience
#1about 3 minutes
The modern purpose of employee reward systems
Reward systems must balance company costs with employee needs for fair pay and non-monetary recognition to keep talent engaged.
#2about 2 minutes
Moving from annual reviews to flexible recognition
Shifting from rigid annual salary increases to a flexible, year-round system allows for more timely and impactful employee recognition.
#3about 2 minutes
How to build a data-driven reward strategy
Companies can build a compelling reward strategy by analyzing market data, understanding talent flows, and collaborating across internal functions.
#4about 6 minutes
Tailoring benefits to different employee life stages
Global signature benefits like extended parental and caregiver leave address the specific needs of employees at different points in their lives.
#5about 2 minutes
Preparing for the upcoming EU pay transparency directive
The EU pay transparency directive is pushing companies to be more open about salary structures and equal pay analysis.
#6about 6 minutes
Understanding why salary remains a top motivator
Despite the growing importance of purpose and culture, salary remains a primary factor for employees when evaluating job opportunities.
#7about 2 minutes
How demographic shifts will impact talent attraction
A shrinking global workforce due to retiring baby boomers and declining birth rates will intensify the competition for talent.
#8about 4 minutes
Integrating flexible work into the total rewards package
Hybrid work models are a key part of the modern rewards package but must be balanced with the needs of on-site employees.
#9about 2 minutes
Using rewards to reinforce your company culture
A reward system is a direct reflection of company culture, reinforcing desired behaviors like collaboration through shared bonus structures.
#10about 4 minutes
The cautious and limited role of AI in rewards
The adoption of AI in rewards is slow due to the high risks associated with payroll errors, data privacy, and GDPR compliance.
#11about 7 minutes
Future-proofing rewards for a shrinking talent pool
Future reward strategies must focus on sustainability and market awareness to attract and retain talent in a shrinking global pool.
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