Facing Disruption – Reward Implications

2 May 2019

16.30 – 19.30

Eversheds Sutherland, London

How are organisations dealing with ongoing disruptions to their business models?
How will the relationship between the business and its people and the mutual need for acceptable and progressive reward processes evolve?

How are organisations dealing with ongoing disruptions to their business models? How will the relationship between the business and its people and the mutual need for acceptable and progressive reward processes evolve?

Basing our debate around a PARC discussion paper, we shall be analysing the major trends impacting organisations and how they will challenge reward practices. The intention is for this to be a catalyst for reward directors to develop plans to adapt to this evolving environment.

Issues include:

    developing and adapting reward values and creative, customised value propositions for key talent, knowledge, peripatetic on-demand and gig workers,
    an increasing proportion of whom we will have no physical contact with
    social challenges impacting on reward strategies including trust and communication, wealth and pay inequalities and retirement income
    organisational development issues required to support and optimise business effectiveness in a disruptive environment – the evolution of the role of the centre
    or head-offce and vertical, top down reward strategies
    an understanding of the changing shape of ‘reward risk’
    the geopolitical context in which we are operating
    the demographic time bomb which will impact pensions and labour supply.

These are critical issues which are at the heart of future reward strategies. We need to understand their impact, the risks they present and the way we navigate them in the coming five years and more. Moreover, we need to start to plan our response.

The paper will be distributed in advance and attendees will be given the opportunity to debate and discuss it to add to the meeting’s content. Three prominent reward specialists will be invited to give their views as to how they will be responding to an uncertain and different future.