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1
Reward communication
Shifting the performance
needle
2
1. X
Content
3
1. X
Content
4
5
Bees = honey
Ants = organised behaviour and productivity
£750m advertising = £95b sales
Communication = outcome
6
Nobody ever buys
communication…
they buy the results
it achieves
7
Our clients
INTEGRATED
FLEXIBILITY NICE PEOPLE
FOUNDED IN 1993
HIGH PERFORMING
ROI FOCUSED
TRUSTED
8
What will people have to change
to move that performance
needle?
9
Behaviours
10
CLIENTS
11
“…..researchers have made huge strides in understanding human
behaviour and motivation over the past decade. But few businesses are
actually applying these discoveries to finding, and keeping, star
employees….”
“As a result, companies miss opportunities for growth and revenue
because they don't understand the impact of human nature in the
workplace.”
Engagement
Gallup 2015
12
“59% more growth in revenue per employee is doable”.
“Some companies are seeing 147% higher EPS than their rivals”.
“There also is a theory that gathering and processing more information will
lead to better decision making”.
Engagement
Gallup 2015
13‹#›
14‹#›
15
Screen with one
button
Features:
185.7mm x 241.2mm
Weight - 652g
264 pixels per inch
Dual-core A6X chip
Headphone jack
Backside illumination
Price: £399 each
Apple
16
17
18
Relevance
Competitive
Aspirational
Brand
Impact
How can Reward communication
change behaviours?
19
Future of Reward
communication
20
21
Employer Value Proposition
What does your company stand for?
Does your Reward strategy match your values?
Future of Reward communication
22
1.Transparency
2.Community
3.Ethics
4.Social media
5.Insight, data and understanding
Future
23
Future
• Glassdoor image
24
25
Current need for
Reward
communication
26
“Businesses are struggling to find the right
candidate for the job. This competition to secure
talent has created a job hunters’ market, with pay
growth reaching a three month high”.
Jan 2015
Phil Cotton, Chairman, KPMG
27
52%
58%
49%
40%38%
LinkedIn data:
start preparing (your EVP)
for increased growth
are spending more on
brand to raise awareness
because increased belief in impact
difficulty recruiting
quality candidates
increased competition
say it’s a top
priority
28
• Brilliant and necessary tools as they are, they are not
communication tools
• They improve process, streamline efficiencies, but will
anyone get excited about joining a company because it
has a great management tool?
Enterprise/HRIS platforms
29
Reward communication today
Delivers EVP
Builds equity in the Reward proposition
Embeds Reward philosophy across a diverse workforce
Changes behaviours through emotional commitment and buy-in
Provides added value and a competitive advantage
30
Reward communication today
Develops self reliance through educated and informed workforce
Creates energy
Encourages community and social interaction
Reduces risk
Enables workforce to be more productive
31
Solutions
32
How are
organisations
viewing
Reward as a
performance
tool
33‹#›
34‹#›
35‹#›
36‹#›
37‹#›
38‹#›
39‹#›
40
Arup
41‹#›
42‹#›
43‹#›
44‹#›
45
In general:
86%of employees who receive clear communications are more motivated to
deliver added value
Whereas only 36% are motivated to deliver added value where communication
is confusing
Evidence
Gallup 2014
46
M&S – with over 21 million people visiting their stores each week, they employ over
78,000 people globally
Stores with improving engagement delivered an
average of £62 million more in sales to the
business every year, compared to stores with
declining engagement.
The more engaged stores also showed better staff attendance, with absenteeism 8%
lower in the most engaged third of stores.
Source: Kennexa
Evidence
47
Conducted an employee engagement survey. Findings showed the highly engaged branches:
• Met or exceeded financial targets 40% more often than dealers
who reported lower levels of engagement
• Recorded a higher level of customer loyalty by 5.3%
• Had a 71% lower voluntary turnover rate
• Experienced higher technician productivity by 4.5%
• Lowered technician-related rework by 60%
• Recorded three times fewer accidents
Source: Kennexa
Evidence
48
Sears – American multinational department store chain.
“By enabling employees to see the implications of their actions, it changed the way everyone at Sears
thought and acted. The bottom line reflected this changed behaviour: the merchandising group”
Result:
From a loss of nearly $3 billion to a net income of $752 million.
– Harvard Business Review
“a store manager whose engagement scores increased by 5 units, could expect a 1.3 unit increase in
customer impression (satisfaction) followed by a 0.5% increase in revenue growth.”
Evidence
49
1. I understand the purpose of my role.
2. I have the opportunity to do what I do best every day.
3. The business seems to care about me as a person.
4. The business is encouraging my development.
5. I recognise the mission or purpose of my company.
6. I recognise the opportunities at work to learn and grow.
Demonstrating a number of behavioural characteristics attributed to an engaged
and productive workforce
Outcomes
50
Action
51
1. Objectives
2. Review
3. Plan
4. Deliver
5. Measure
Checklist for ‘moving the performance needle’
52
1. Competitive advantage - attract, retain and engage the best talent
2. Maximise cost efficiency and productivity
3. To pay the right people in the right way
4. Support business and HR strategy/goals
5. To drive individual performance
The objectives of Reward
53
1. v. HR and business objectives
2. Gap analysis
3. Effectiveness
Review – Purpose?
54
Questionnaire (extract)
TOPIC: REWARD & RECOGNITION
3
Question:
How does the
business
communicate
benefits to
employees?
Responses Comment /
benchmarking
1 We communicate this through payslips only.
2 We communicate this through payslips and supply provider
information.
3 We communicate this through payslips, supply provider information
and produce a booklet for new starters.
Responses
Comment /
benchmarking
1
We distribute
the terms and
conditions from
the benefit
provider.
4 We communicate this through payslips, supply provider
information, produce a booklet for new starters, and do an annual
printed statement for senior managers.
5 We communicate this through payslips, supply provider
information, produce a booklet for new starters, and do an annual
printed statement for all employees.
6 We communicate this through payslips, supply provider
information, produce a booklet for new starters, and do online
statements for all employees.
7 We communicate this through payslips, supply provider
information, produce a booklet for new starters, and do online
statements for all employees, supported by some awareness
communications.
8 We offer personalised and targeted, brand aligned communications
which are part of our broader comms programme.
9 No answer
55‹#›
1. Relevance (tailored for region/grade
and targeted/personalised to
individuals)
2. Message (collaboration, global
organisation, regional team, value of
HR
as a service provider)
3. Alignment with business vision
and values
4. Emotional side of the deal
5. Transactional side of the deal
5. Clarity
6. Consistency
7. Quantity of content
8. Timing
9. Use of channels
10.Feedback mechanism
Assessment criteria
56‹#›
1. Total Reward package
a. Total Reward Statement
b. Salary review
c. Benefits
d. Profit share
2. Line Manager communication
3. Leadership communication
4. Learning and development
5. Performance management
6. Onboarding
7. Graduates
8. Mobility
9. Talent attraction
Areas of focus
Total Reward
Benefits
Talent attraction
Overall
61
Strategy and planning
62
Impact!
63
Impact!
64‹#›
Deliver
65
1.Survey
Measure
66
1. I understand the purpose of my role.
2. I have the opportunity to do what I do best every day.
3. The business seems to care about me as a person.
4. The business is encouraging my development.
5. I recognise the mission or purpose of my company.
6. I recognise the opportunities at work to learn and grow.
Demonstrating a number of behavioural characteristics attributed to an engaged
and productive workforce
Outcomes
67
1.Survey
2.Audit/review – pre and post campaign/project/period
Measure
68‹#›
Overall
69
1. Survey
2. Audit/review – pre and post campaign/project/period
3. Real-time feedback/sentiment analysis
4. Gap analysis
5. Benefits uptake
6. Workshops/focus groups
7. HR space analytics
8. Attendance to leadership events
9. Anecdotal feedback
10. Less requests to HR
Measure
70
1. Objectives
2. Review
3. Plan
4. Deliver
5. Measure
Checklist for ‘moving the performance needle’
71
PERFORMANCE DOESN’T HAPPEN
WHEN COMPANIES ADOPT NEW TOOLS,
IT HAPPENS WHEN EMPLOYEES
ADOPT NEW BEHAVIOURS.
72
Chris Hopkins Managing Director & Lead Consultant
T: 01273 480 404
E: c.hopkins@caburnhope.co.uk
Caburn Hope Limited
Rusbridge House
Rusbridge Lane, Lewes
East Sussex, BN7 2XX
@CaburnHope_EC
www.caburnhope.co.uk
Follow us on

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Shifting the performance needle - Reward communication that engages, inspires and mobilises your people

  • 4. 4
  • 5. 5 Bees = honey Ants = organised behaviour and productivity £750m advertising = £95b sales Communication = outcome
  • 6. 6 Nobody ever buys communication… they buy the results it achieves
  • 7. 7 Our clients INTEGRATED FLEXIBILITY NICE PEOPLE FOUNDED IN 1993 HIGH PERFORMING ROI FOCUSED TRUSTED
  • 8. 8 What will people have to change to move that performance needle?
  • 11. 11 “…..researchers have made huge strides in understanding human behaviour and motivation over the past decade. But few businesses are actually applying these discoveries to finding, and keeping, star employees….” “As a result, companies miss opportunities for growth and revenue because they don't understand the impact of human nature in the workplace.” Engagement Gallup 2015
  • 12. 12 “59% more growth in revenue per employee is doable”. “Some companies are seeing 147% higher EPS than their rivals”. “There also is a theory that gathering and processing more information will lead to better decision making”. Engagement Gallup 2015
  • 15. 15 Screen with one button Features: 185.7mm x 241.2mm Weight - 652g 264 pixels per inch Dual-core A6X chip Headphone jack Backside illumination Price: £399 each Apple
  • 16. 16
  • 17. 17
  • 20. 20
  • 21. 21 Employer Value Proposition What does your company stand for? Does your Reward strategy match your values? Future of Reward communication
  • 24. 24
  • 26. 26 “Businesses are struggling to find the right candidate for the job. This competition to secure talent has created a job hunters’ market, with pay growth reaching a three month high”. Jan 2015 Phil Cotton, Chairman, KPMG
  • 27. 27 52% 58% 49% 40%38% LinkedIn data: start preparing (your EVP) for increased growth are spending more on brand to raise awareness because increased belief in impact difficulty recruiting quality candidates increased competition say it’s a top priority
  • 28. 28 • Brilliant and necessary tools as they are, they are not communication tools • They improve process, streamline efficiencies, but will anyone get excited about joining a company because it has a great management tool? Enterprise/HRIS platforms
  • 29. 29 Reward communication today Delivers EVP Builds equity in the Reward proposition Embeds Reward philosophy across a diverse workforce Changes behaviours through emotional commitment and buy-in Provides added value and a competitive advantage
  • 30. 30 Reward communication today Develops self reliance through educated and informed workforce Creates energy Encourages community and social interaction Reduces risk Enables workforce to be more productive
  • 45. 45 In general: 86%of employees who receive clear communications are more motivated to deliver added value Whereas only 36% are motivated to deliver added value where communication is confusing Evidence Gallup 2014
  • 46. 46 M&S – with over 21 million people visiting their stores each week, they employ over 78,000 people globally Stores with improving engagement delivered an average of £62 million more in sales to the business every year, compared to stores with declining engagement. The more engaged stores also showed better staff attendance, with absenteeism 8% lower in the most engaged third of stores. Source: Kennexa Evidence
  • 47. 47 Conducted an employee engagement survey. Findings showed the highly engaged branches: • Met or exceeded financial targets 40% more often than dealers who reported lower levels of engagement • Recorded a higher level of customer loyalty by 5.3% • Had a 71% lower voluntary turnover rate • Experienced higher technician productivity by 4.5% • Lowered technician-related rework by 60% • Recorded three times fewer accidents Source: Kennexa Evidence
  • 48. 48 Sears – American multinational department store chain. “By enabling employees to see the implications of their actions, it changed the way everyone at Sears thought and acted. The bottom line reflected this changed behaviour: the merchandising group” Result: From a loss of nearly $3 billion to a net income of $752 million. – Harvard Business Review “a store manager whose engagement scores increased by 5 units, could expect a 1.3 unit increase in customer impression (satisfaction) followed by a 0.5% increase in revenue growth.” Evidence
  • 49. 49 1. I understand the purpose of my role. 2. I have the opportunity to do what I do best every day. 3. The business seems to care about me as a person. 4. The business is encouraging my development. 5. I recognise the mission or purpose of my company. 6. I recognise the opportunities at work to learn and grow. Demonstrating a number of behavioural characteristics attributed to an engaged and productive workforce Outcomes
  • 51. 51 1. Objectives 2. Review 3. Plan 4. Deliver 5. Measure Checklist for ‘moving the performance needle’
  • 52. 52 1. Competitive advantage - attract, retain and engage the best talent 2. Maximise cost efficiency and productivity 3. To pay the right people in the right way 4. Support business and HR strategy/goals 5. To drive individual performance The objectives of Reward
  • 53. 53 1. v. HR and business objectives 2. Gap analysis 3. Effectiveness Review – Purpose?
  • 54. 54 Questionnaire (extract) TOPIC: REWARD & RECOGNITION 3 Question: How does the business communicate benefits to employees? Responses Comment / benchmarking 1 We communicate this through payslips only. 2 We communicate this through payslips and supply provider information. 3 We communicate this through payslips, supply provider information and produce a booklet for new starters. Responses Comment / benchmarking 1 We distribute the terms and conditions from the benefit provider. 4 We communicate this through payslips, supply provider information, produce a booklet for new starters, and do an annual printed statement for senior managers. 5 We communicate this through payslips, supply provider information, produce a booklet for new starters, and do an annual printed statement for all employees. 6 We communicate this through payslips, supply provider information, produce a booklet for new starters, and do online statements for all employees. 7 We communicate this through payslips, supply provider information, produce a booklet for new starters, and do online statements for all employees, supported by some awareness communications. 8 We offer personalised and targeted, brand aligned communications which are part of our broader comms programme. 9 No answer
  • 55. 55‹#› 1. Relevance (tailored for region/grade and targeted/personalised to individuals) 2. Message (collaboration, global organisation, regional team, value of HR as a service provider) 3. Alignment with business vision and values 4. Emotional side of the deal 5. Transactional side of the deal 5. Clarity 6. Consistency 7. Quantity of content 8. Timing 9. Use of channels 10.Feedback mechanism Assessment criteria
  • 56. 56‹#› 1. Total Reward package a. Total Reward Statement b. Salary review c. Benefits d. Profit share 2. Line Manager communication 3. Leadership communication 4. Learning and development 5. Performance management 6. Onboarding 7. Graduates 8. Mobility 9. Talent attraction Areas of focus
  • 66. 66 1. I understand the purpose of my role. 2. I have the opportunity to do what I do best every day. 3. The business seems to care about me as a person. 4. The business is encouraging my development. 5. I recognise the mission or purpose of my company. 6. I recognise the opportunities at work to learn and grow. Demonstrating a number of behavioural characteristics attributed to an engaged and productive workforce Outcomes
  • 67. 67 1.Survey 2.Audit/review – pre and post campaign/project/period Measure
  • 69. 69 1. Survey 2. Audit/review – pre and post campaign/project/period 3. Real-time feedback/sentiment analysis 4. Gap analysis 5. Benefits uptake 6. Workshops/focus groups 7. HR space analytics 8. Attendance to leadership events 9. Anecdotal feedback 10. Less requests to HR Measure
  • 70. 70 1. Objectives 2. Review 3. Plan 4. Deliver 5. Measure Checklist for ‘moving the performance needle’
  • 71. 71 PERFORMANCE DOESN’T HAPPEN WHEN COMPANIES ADOPT NEW TOOLS, IT HAPPENS WHEN EMPLOYEES ADOPT NEW BEHAVIOURS.
  • 72. 72 Chris Hopkins Managing Director & Lead Consultant T: 01273 480 404 E: c.hopkins@caburnhope.co.uk Caburn Hope Limited Rusbridge House Rusbridge Lane, Lewes East Sussex, BN7 2XX @CaburnHope_EC www.caburnhope.co.uk Follow us on