From a demand from the social partners around internal and external equity of wage policy, we worked with Lidwina to develop a solid wage strategy supported by data and figures.
In redesigning the pay structure, we started from strategy. Combined with an impact analysis, this created support among all stakeholders. The capstone was the successful conclusion of 8 collective bargaining agreements.
Reward strategy or pay strategy is the consistent making of fundamental choices that ensure maximum return on investment in your HR and payroll policies, both in the short and long term. Reward strategy is about where you differentiate yourself from your competitors in the job market - you can't be better at everything and financial resources are not infinite.