Reward & Benefits

The right reward offer allows
you to recruit, retain and
engage the very best talent.

 

The right reward offer allows you to recruit, retain and engage the very best talent.  

Reward &
Benefits

We all know that people are one of the biggest costs for any organisation but are you spending this money in the most effective way? Optimising your reward offer doesn’t have to mean an increase in cost but it does mean finding a unique balance and fit tailored to your business strategy, values and people. We understand how to find that unique position and are passionate about helping businesses achieve this in the most simple, yet powerful way. It really can be that straightforward.

No matter how big or small your reward challenge we can help you navigate through to a successful outcome. Having delivered significant change projects we also understand the art of implementation and communicating an engaging message to employees. We can help with all areas of your reward offer but below are some of our key specialisms.

Reward
Strategy

We understand the practical reality of designing and delivering a reward strategy and influencing your business leaders to work with you to own and deliver it. We can help you define your strategy and translate it into effective reward programmes.

We will work in partnership with you to ensure your strategy is flexible enough to move with the pace of your business but also delivers some immediate results.

Reward
Structures

A robust reward framework is the backbone of great people practices. We can help you build a new framework or simply review and advise on your current arrangements, from assisting with job evaluation and developing grading structures to salary band design, and bonus and benefit entitlements.

We will consider how your structure aligns to your other HR practices, especially performance management, to ensure you gain maximum effect.

Pay

As we’re not tied to our own in-house salary surveys we can help you source the best possible data suited to your needs. We can help you make sense of it and then utilise it to full effect, be this to aid salary decisions or put in place new pay structures for attracting and retaining new talent.

We are experienced in managing the push and pull of internal versus external salary demands at all levels of an organisation so can provide you with the tools and strategies to manage this continual pressure.

Bonus

Bonus schemes are an effective way of flexing employee costs in line with the changing shape and performance of your business. If aligned to the right principles from the outset they can be hugely beneficial but poorly designed bonus schemes can have a damaging impact on morale and engagement.

We can help you define what you want your scheme to achieve and what type of scheme best suits your business. We will design a scheme which is easy to understand and manage, and drives the behaviours and results you require.

Benefits

Recent research shows almost two-thirds of employees are dissatisfied with their benefits package and four in ten cite a good benefits package as one of the most important qualities when they look for a new employer. What’s more, benefits typically cost 25-30% of the total people spend. Therefore, to secure and retain the best talent, your total reward offer needs to be competitive and engaging.

Tandem can help you find the right model and mix of benefits suited to your people, budget and overall reward offer.

Non-Financial
Reward

Every employee certainly appreciates more money but often the gratitude is short-lived. Money certainly does not buy engagement or loyalty. Non-financial reward can be very effective.

Leadership Development

We believe that there’s a leader in all of us. It might be a charismatic ambassador, an influential high achiever, an introverted intellect or a rational strategist. We challenge the stereotypical view of ‘Leaders’.

Read More

Coaching & Facilitation

To accelerate performance, a supportive yet challenging Coach can provide feedback, insights, guidance and training.

Read More

Training Tools

Any kind of development is an investment in time and money. And both can feel quite scarce sometimes. Tandem Sprints address these shortages.

Read More
0
    0
    Your Cart
    Your cart is empty
    Continue Shopping