Find out how specialised providers offer a wealth of reward data, ensuring that you can find relevant information for any reward project you undertake. Depending on the project’s scope, organisation-level data on rates, policies, and practices at other employers may be enough.
- Establishing and recruiting to a new role
- Reviewing the salary of one or more individuals
- Conducting an annual pay review
- Designing a new grading and reward structure
- Introducing total reward
Get our Free Guide: Whatever the reasons for the benchmarking exercise, the organisation should at all times keep in mind the need to balance the cost to the employer against the ability to offer an attractive and effective package of rewards to employees.
Planning for future succession in key positions of the organisation is another critical business initiative, leading to improved business continuity, higher employee retention and improved engagement.
Cendex is here to get you prepared with everything you need to know about pay review season.
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