Reward professionals go ‘back to the drawing board’

Employers are reviewing their reward policies to make them more strategic and performance related in the wake of the recession, the CIPD’s annual Reward Management survey has found.

Asked their priorities for the coming year, just over half (52 per cent) of the 800 reward professionals surveyed cited the need to align incentives with corporate strategy. Maintaining market competitiveness in reward (51 per cent) came second, while cutting salary costs (44 per cent) dropped down the list, perhaps indicating increased optimism.
 

Language does not simply reflect what is going on in organisational life: it also influences what people think and what they do

Linda Holbeche, director of the Holbeche Partnership and visiting professor of HRM/OD at Cass Business School