Performance and Reward

We believe there are a number of actions that companies can take now to help rebuild public trust in business, to mitigate the risk of getting executive pay ‘wrong’, and to address issues of public concern before these issues are addressed for them through additional and often counter-productive regulation.

10 minutes on...Time to listen - responding to concerns about executive pay. August 2016

How can we help?

Supporting the attraction, engagement, and retention of key talent that drives business strategy and execution.

Design

  • Build reward strategies that support organisational objectives, align performance and create value for shareholders
  • Structure executive (and non-executive director) remuneration frameworks that are market leading and strategically aligned
  • Create employee and sales incentive programs that drive productivity, behaviours and employee engagement
  • Design strategically and culturally aligned performance management approaches
  • Ensure performance and reward frameworks contribute to attraction, retention and staff motivation

Implement

  • Design informative, simple and engaging documentation to explain reward arrangements, incentive plans and performance management systems
  • Develop clear and appropriate transition plans to move between existing and future reward and performance arrangements
  • Build effective communication and change strategies to ensure real behavioural change through a leader-led engagement process
  • Help better engage teams with a focus on continuous rather than annual performance feedback

Manage and support

  • Conduct benchmarking of remuneration and structures to ensure market competitiveness
  • Ensure reward plans operate efficiently and effectively from an accounting, legal, tax and corporate governance perspective
  • Inform and support compliance with new and emerging legislation and corporate governance requirements

Contact us

Emma Grogan
Partner, People and Organisation
Tel: +61 (2) 8266 2420
Email

Andrew Curcio
Partner, People and Organisation
Tel: +61 3 8603 1685
Email

Debra Eckersley
New Ways of Working Partner
Tel: +61 2 8266 9034
Email

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