Organisations are continually seeking to improve their reward programs as a vital part of the company’s ability to deliver business success. But the reward environment is getting more complex and keeping up with latest thinking and new programs that actually deliver value is a massive challenge. Programs become even more challenging as companies operate in an increasingly global environment, change their structure, attract new employee cohorts, enter new markets, acquire new businesses and assign more employees between countries. Additionally, legislation and/or social pressures related to reward are becoming more and more prevalent.
The Total Rewards Council brings together total reward senior executives — most of whom have a remit extending beyond Europe. It provides members with an opportunity to discuss the most pressing issues on their agendas, exchange views, widen their perspective and share their experiences and best practices.
The power of peer learning
Council meetings are at the core of the member’s experience. Reward professionals at the highest level in their organization, either globally or in EMEA, meet together three times a year to hear about the latest developments in their field, exchange ideas and learn from each other’s experience. These discussions span the world and help extend value across your organization. Confidential peer interchange provides you with a broader perspective and shared experiences as well as access to specific knowledge, saving you precious time and helping you to introduce reward programs that drive business success.
Council membership benefits
- Collective problem solving that puts your issue on the agenda
- Benchmarking through regular surveys of council members about relevant company practices
- Multifunctional insights generated by the wealth of perspectives gathered from over 100 councils (covering more than 50 functions) that work together across geographies
- Virtual communities that extend learning opportunities through a variety of online forums and other resources
Clive Wright, formerly European Partner at Mercer.