• Total reward and reward strategy
• Equal Pay audits
• Optimising your benefits budget
• Linking reward to performance
• Being competitive in the job market

Your HR consultancy for reward services

We are an independent HR consultancy dedicated to reward and recognition. Reward First was set up in response to the increasing demand by HR Directors and leaders seeking specialist reward expertise that is strategic and works in real life.

Our approach is to help you achieve solutions that get results for your business. You can gain from extensive Reward and Human Resources experience from progressive UK and global businesses. You can also tap into our proven track record that has benefited clients from small enterprises to global companies across business sectors.

Total reward and reward strategy

Total reward is becoming increasingly important today where positive employee engagement typically results in greater business success. Total reward encompasses all aspects of the employment offer and builds success through recognising what employees really value at work.

This Total Reward model looks at 4 key aspects:

Direct reward such as base pay and other cash based incentives

Indirect reward typically health and lifestyle, retirement etc.

Personal and professional development incorporating career opportunity and mobility

Environment and culture reputation, values and practices that recognise employee needs and aspirations

Reward First helps organisations to develop, implement and communicate the reward strategy and working practices to meet the business and people objectives.

Equal Pay audits

Following the recent case of an NHS Trust breaching equal pay legislation, the costs to correct this have been estimated at c£300m. Then consider recent statistics indicating that women earn 18% less than men for full time jobs in the UK. As the gender pay gap rises to 40% for part timers, this is set to generate increased employer claims.

Have you thought about carrying out an Equal pay audit? Talk to us if you are considering this or would like to understand what it involves and how we could help you.

Optimising your benefits budget

You may be thinking about Flexible Benefits or reviewing your existing benefits provision to balance your budget while managing staff expectations. Undertaking a review can be a great opportunity to find out what staff really value and the ones they don’t.

A review could involve focus groups to listen to your staff or other approaches that account for the culture of your business. We would be happy to discuss your situation over the phone or in person.

Linking reward to performance

Are you looking to align the reward of your people directly to the performance of your business? Many HR Directors and business leaders grapple with the opportunities and challenges it presents. Companies are increasingly taking this step as a means of recognising those high performers that impact business results. We have successfully established the alignment of performance management to reward a pan- European matrix organisation. We are currently working with a medium size international business to link their reward to the competency framework. Talk to us to see how we could help.

Being competitive in the job market

Most businesses fully recognise the need to offer attractive reward packages in a competitive marketplace. This does not mean paying ‘over the odds’ to get the right people. However, it requires carrying out a comprehensive review to know what this means in real terms for each business, industry and job role.

Talk to us if you would like to know more about the job pricing services we can offer.