An international energy company's Trading Division, based in the UK, was moving slowly toward a more flexible and market-driven rewards approach, including a broad-banded pay structure and new incentive schemes. To speed up the process they teamed together line management and staff to develop a clear picture of the misalignment between the current reward package and what the future demanded. The team determined how the package needed to change and developed a set of reward principles that includ...

BPIR Categories

9.1.3 Develop human resource strategy
9.5.5 Manage reward & recognition programs
9.7.1 Encourage employee involvement and feedback

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