Reward Policy and Practice
The Future Reward Leader: Essential Skills for a Decade of change
In-Person at the RAF Club, London, & Live-streamed Meeting with Report
What will the Reward function of the mid-to-late 2020s need to look like? What sort of skills will it need if it is to rise to the challenge of building the future fit organisations of the coming decade? What must it do differently to build winning reward strategies?
PARC’s Building a Future-Fit Workforce report in September 2021 highlighted the critical factors that would make the political, social and economic environment of the 2020s very different from that of previous decades. Three years in and the 2020s have already thrown us a new and even greater set of challenges. The indications are that the decade will continue to be turbulent. Any combination of these factors could create a ‘perfect storm’ which will increase the likelihood of disruption for governments, businesses and the wider society.
These headwinds provide both a challenge and an opportunity for the Reward function. Companies will need and expect greater pro-activity from their Reward professionals. Some of the received wisdom of recent decades will need to be unlearnt. Building organisational performance and resilience in parallel will be crucial. Many of the organisational and workforce challenges of the next decade are inextricably linked and require an integrated strategy.
This new set of challenges has profound implications for Reward professionals and will demand a changing set of skills – but also a mindset shift.
In the words of one of our members, “These jobs are not for technocrats. They are for business leaders.”
This event and the accompanying discussion paper will include insights from thought leaders in business, RemCo members, senior Reward professionals and perspectives from executive search consultants specialising in Reward. This will help us to build a clear picture of the Reward leader of the future.
Speakers
Helen Pitcher OBE
Chairman, Board member, Board facilitator and Coach
In addition to her Advanced Boardroom Excellence role Helen holds the following high profile Board roles: Chair of Judicial Appointments Commission (JAC), Chair of the Criminal Cases Review Commission (CCRC) and Chair of the Public Chairs’ Forum (PCF). A Non-Executive Director at UB UK where Helen is the Chair of their Remuneration Committee and a member of the Nomination Committee. SID at OneHealth Group and Chair of the Remuneration and Nomination Committees. Recently appointed to the Balance in Business Limited Board and Helen is the President of KidsOut (a National Children’s Charity).
Helen was previously Chair of the Queens Counsel Selection Panel until February 2017, Chair pladis Advisory Board (United Biscuits, Godiva, Ülker Bisküvi) until April 2019. A Board member and Remuneration Chair for the CIPD until June 2019. Helen stepped down as President of INSEAD Directors Network Board (IDN) and Chair of INSEAD Directors Club Limited in October 2022. Helen recently stood down as a Non Executive Director at C & C Group Plc where she was the Chair of the Remuneration Committee and a member of the Nomination and ESG Committees until July 2023 and as INSEAD IAA ExCo and VP of Global Clubs.
Helen holds an MA, LLB (Law), IDP-C (INSEAD International Director’s Programme – Advanced Corporate Governance Certificate). She is the only Consultant in the UK Board Effectiveness arena to hold this INSEAD qualification. She graduated from the INSEAD Strategy in the Age of Digital Disruption and Strategy for Accelerated Growth Programmes and the INSEAD Diversity Programme. Helen is also an alumnus of the ground-breaking INSEAD Challenge of Leadership Programme. She both attended and now features on the INSEAD Leading from the Chair programme. Helen is a Fellow of the CIPD, RSA and a Member of the European Corporate Governance Institute.
Dan Caro
Managing Director, Strategic Dimensions
Dan Caro manages the Executive Search operation at Strategic Dimensions as well as recruiting at HR Director/C Suite level for generalist roles and across the full range of specialist functions. He has extensive experience recruiting into large, global multinationals as well as supporting small start-up organisations in developing their HR function. His experience is multi-sector and spans the UK and Europe. Dan has been working in recruitment consultancy since 1997, joining Strategic Dimensions in 2006. He started his career post-graduation with Tesco, progressing into a number of general management roles before moving into recruitment in 1997.
Tim Walker-Jones
Group Head Future Work, Anglo American PLC
Tim Walker-Jones joined Anglo American PLC in 2018 as the Group Head of Reward and is currently Group Head Future of Work, leading Anglo’s thinking on how work might evolve over the coming decades and what this means for the workforce, the organisation and the company’s role in society. Prior to joining Anglo American, Tim held leadership roles in a number of FTSE 50 organisations leading the reward, talent and HR operations agendas, as well as eight years in private equity and 5 years consulting.
David Wreford
Partner, Mercer
David Wreford is a Partner in Mercer’s Career business. He helps clients maximise the value of their investment in their staff by increasing the effectiveness, innovation and sophistication of their career and reward programs. His consulting work focuses on the development of the ideal EVP/employee experience, and supporting career and reward strategies and programs, as well as employee engagement strategies including communications and manager guides to ensure the experience is felt. David also works to ensure the HR operating model supports the expected employee experience.
A significant amount of his time is dedicated toward assisting companies through major organisational change including merger and acquisition projects, and supporting clients with their harmonization. David also advises clients on the impact of evolving employment regulation, and helps develop innovative and practical solutions to this ever-changing minefield.
