Driving success through shared ownership

Reward Advisory Services

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Businesses continue to face unprecedented change, with your reward and performance strategy a critical lever to drive growth in your business and retain and motivate your people. Our Reward Advisory Services are designed to support the engagement and retention of talent that will drive business strategy and execution, improve your return on investment on your reward spend, whilst aligning with best practice reward governance, and external stakeholder expectations.  

Our support extends across Board Advisory (KMP), Employee Reward and People and Deals. We partner with you to bring a holistic and pragmatic approach from the initial design stages through to implementation and beyond. We work with you to make your programs more effective through the following: 

Our range of Reward Advisory services 

The motivation and retention of executives to implement corporate strategy is vital to an organisation's success. In this specialism, we aim to help companies build a credible executive remuneration policy to achieve this objective. We have considerable experience in helping our clients balance an appropriate remuneration policy companies with shareholder considerations whilst balancing the intricate governance considerations. In practice, our help involves understanding the company strategy and then designing and modelling remuneration policies and plans to drive a positive outcome for all stakeholders.

  • Incentive plans (local and global) 
  • Performance metric selection and calibration 
  • Reward modelling and valuations 
  • Board advisory and corporate governance 
  • Remuneration reports and disclosure 
  • Best practice, regulatory, governance and investor views

A key way to drive success for many employers is facilitating shared ownership via employee equity schemes. However, using equity requires careful design, communication and ongoing management to deliver the desired alignment and incentive impact, as well as the tax, accounting and legal consequences. We support clients in creating new schemes, increasing their tax efficiency, managing cost and navigating the impact of organisational change on any type of employee equity arrangement.

  • Tax, accounting and legal advice
  • Incentive plan design and target-setting
  • Share plan reporting, disclosures and regulatory compliance
  • Advice on employee share trusts and share plan administration
  • Communication and implementation support
  • Maturity events and corporate transactions
  • Assess the reward and the related tax impact of deals, including pre and post deal, buy and sell side, initial public offerings (IPOs) and divestments.
  • Reward due diligence, including deal support, compensation and benefits, functions and processes, workforce, employee relations, regulatory considerations
  • Reward pre-close services, including hidden reward costs, synergies, benefits, pensions, incentives and payroll
  • Reward post-close services, including reward and performance, stakeholder engagement and communications, technology and data & analytics

We support clients in designing their total reward strategy and creating future-fit reward structures for the wider workforce. Greater workforce diversity plus changes to ways of working and technology means that new models are increasingly required. In addition, the underpinning infrastructure of performance management is also evolving to support the development and progression required by today’s fluid and competitive talent marketplace.

  • Total reward strategy
  • Reward transformation - including communication and change management
  • Reward and recognition
  • Research, data analytics and benchmarking
  • Fairness reputation and governance - including diversity and inclusion

We work with clients to develop sales compensation programs tailored to their business’s unique needs and culture. We help clients assess and identify gaps in their current sales plans, design effective incentive plans and facilitate plan roll-out with the right communication. 

We provide a structured, analytical approach to: 

  • Understand the organisation’s goals and business objectives 
  • Align to desired behaviors for each job/sales role 
  • Conduct market competitive pay assessments 
  • Differentiate performance levels and align pay for performance 
  • Enable consistent, transparent and simple plans

Financial services organisations are facing unprecedented scrutiny on how reward supports sound risk management, customer outcomes and long-term value. We support a broad range of financial services organisations including banks, insurers, superannuation funds, wealth managers, mutuals, credit unions, customer-owned banks and emerging institutions, to design, implement and operate reward frameworks that are compliant, risk-aligned, practical and transparent. 

We work with management, remuneration committees and boards to connect reward, risk and governance; ensuring remuneration drives strong culture, sustainable performance and stakeholder confidence. Our end-to-end support includes: 

  • Alignment with regulatory requirements (including compliance assessment) 
  • Remuneration framework redesign 
  • Reporting, disclosures and stakeholder communications 
  • Internal control assessment over remuneration 
  • Implementation and change support 
  • Post-implementation review and continuous improvement 
  • Risk and conduct integration 
  • Governance, board and remuneration committee advisor 

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Insights on talent and remuneration issues relevant to your business, helping you set your compass in a landscape that is often difficult to negotiate.

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Contact us

Cassandra Fung

Cassandra Fung

Partner, Reward Advisory Services, PwC Australia

Michelle Kassis

Michelle Kassis

Partner, Reward Advisory Services, PwC Australia

Daryl O'Callaghan

Daryl O'Callaghan

Managing Director, Reward Advisory Services, PwC Australia

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