HOW TO ALIGN YOUR REWARD STRATEGY WITH BUSINESS OBJECTIVES

Your organisation’s reward strategy can impact everything from employee wellbeing and engagement, through to the productivity of your workforce and staff retention. When executed correctly it can be incredibly powerful, but all too often organisations fail to align their reward strategy with business objectives.

Hitting your organisation’s targets depends on encouraging and rewarding the behaviours and culture that’s required for getting there. This is why it’s so important that your reward strategy is created with those business objectives in mind.

By effectively communicating the positive effects to the business of certain behaviour, combined with rewarding that behaviour and success, you’ll drive employee engagement and significantly improve results.

On this blog, we explore ways to find out what benefits people want, highlight why it’s important to make benefits flexible to suit the entire workforce, and how to choose effective benefits to engage employees and support your goals.