Performance improvement is a high priority for many businesses. Developing a reward and compensation framework which supports the business strategy and helps drive sustained performance improvement is vital. The increasingly complex regulatory and corporate governance environment adds yet another dimension to consider.

In designing comprehensive reward and compensation programmes, many companies are reviewing the fundamental principles of existing arrangements. Whilst responding to changing business priorities and the need to recruit and retain key talent, organisations still need to ensure they are getting value for money from these programmes.

Potential issues

Do you need to:

• assess whether your reward programmes are market competitive?
• ensure that your incentives are compliant with current legislation and corporate governance codes
• consider long-term wealth creation for senior executives in the light of the new pensions regime
• resolve a retention issue
• review the link between pay and performance
• ensure that employees fully understand and value their reward package
• enable your remuneration committee to build relationships with investors
• identify cost savings
• review whether existing compensation arrangements are helping to deliver sustained shareholder value.

How we can support you

• We combine compensation, tax, legal, actuarial and data capabilities globally to work with our clients to develop practical solutions that work from both a business and a cultural perspective. Our approach uses data and modelling capabilities to help companies build a business case to support recommendations.

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