Most Effective Rewards & Benefits Strategy
Entrants should provide evidence of a leading-edge rewards and benefits strategy that clearly aligns with business needs. The entry should give information on the communication of the strategy to employees, employee take-up of the scheme and how it has benefited the organisation.
Entry is by a 5 A4 page submission; the judges will be looking for clear information, backed up by evidence, that pays particular attention to the criteria listed below.
Organisation Background: Please outline the size and nature of your organisation.
Strategy Overview: How was the Rewards & Benefits strategy developed, outline the objectives?
Implementation & Innovation: Demonstrate how the Rewards & Benefits strategy was implemented and communicated to the business. Demonstrate innovation within the strategy.
Key Challenges: Outline any challenges faced and how the HR team overcame them.
Outcomes & Results: Highlight the outcomes of your Rewards & Benefits strategy and provide evidence of how you measure its success. Demonstrate how the Rewards & Benefits strategy has met the needs of the workforce and how it has benefited the organisation.