EARLY-BIRD DISCOUNTS AVAILABLE
E-reward's 13th annual conference for compensation & benefits leaders. A world-class event focusing on the interests of senior reward professionals.
Date: 25 & 26 November.
Location: central London - situated in the West End, five-minute walk from Oxford Circus.
Fees: £895 + VAT per delegate.
Discounts: Book before 24 October for your early-bird discount - save £250, pay just £645 + VAT per delegate!
Bring your team to this event. We offer team discounts for more than two delegates from the same company. Get in touch for more details.
A sale to private equity owners following the nationalisation of its parent, Royal Bank of Scotland (RBS), was the catalyst for a programme of reward and compensation change at WorldPay, a global leader in payment processing. This restructuring of reward for the 2,500-strong UK workforce was also driven by a perceived need to better align compensation with business performance, and to iron out inconsistencies in the previous grading structure.
This case study, researched and written by e-reward, focuses on two important aspects of the on-going restructuring programme at WorldPay:
CONTENTS
Executive summary
WorldPay’s reward journey since autumn 2010
Organisation profile
Who e-reward interviewed
Refining the “value account”
Pensions auto-enrolment
“Freedom” benefits
Benefit choices
Widening access to performance bonuses
Valuing reward
Boosting variable pay
Future prospects
Lessons learnt
Box 1: Key remuneration principles
Box 2: WorldPay “Freedom” flexible benefit programme: example benefits