Case Study
Establishing a fit for purpose Remuneration and Benefits strategy
Business need
- Our client is a leading pan-Africa services firm. The leadership required the business to pivot to a more formalized remuneration and benefits structure to enable the business strategy.
- We were requested to develop a reward and recognition framework to enable the business strategy with a focus on transparency and governance.
Solution
- We designed a fit-for-purpose reward and recognition framework that caters to the local context of each market but is driven by group principles.
- The framework allowed for a flexible approach based on business lifecycles per country to enable the attraction, motivation, and retention of employees.
- The framework provided a robust anchor for discussions with employees by line managers who take operational accountability of the reward calendar.
Impact
- The client increased their ability to provide certainty and transparency in the reward sphere, underpinned by the reward and recognition framework.
- The framework provided a point of departure for what is often considered an emotive discussion.
- The framework was a big step towards empowering Human Resources as custodian of the reward processes as well as every employee, in understanding reward and the intricate parts of the remuneration system.
