A special incentive for you today. Book any Global Remuneration Professional (GRP) module with E-reward and we’ll gift you WorldatWork MEMBERSHIP for one year. Membership access to WorldatWork's amazing resources normally costs $350, but is now completely free for a whole year to attendees of E-reward's GRP classes.
Choose any of the intensive, one-day GRP certification courses and face the future with a world-class rewards qualification. We support you with full course recordings and one-to-one tutorials, a unique learning experience not available anywhere else. Get certified, get qualified in 2025!
Reward strategy is a business-focused description of what the organisation wants to do about reward in the next few years and how it intends to do it. The purpose of the reward strategy toolkit is to provide practical guidance on the development and implementation of an effective reward strategy.
Use this toolkit to understand
What is a reward strategy.
Why organisations introduce reward strategies.
The evidence regarding the prevalence of reward strategies in the UK.
Their key characteristics and components.
What are the pros and cons.
Key ingredients for success.
The development path for designing, introducing and maintaining a reward strategy.
What the toolkit contains
To gain an insight into reward strategy, this report starts with a definition of reward strategy, followed by a description of the purpose and features of reward strategies (section 1).
The main part of the report comprises a description of the ten stages involved in developing and implementing a reward strategy (section 2).
We then show examples of reward strategy development in a range of diverse organisations (section 3).
Our report concludes with a brief listing of sources of further information (section 4).
Download a summary of the toolkit in PDF format by clicking here
Download PDF