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Research Report:

Managing reward risks: an integrated approach

Resource summary

This Research Insight is aimed at helping senior HR and reward professionals to manage and mitigate the risks arising from how their organisations reward their employees.

The report:

  • introduces a framework outlining the main risks related to organisations’ reward strategy, systems and practices, identified in a series of workshops and interviews
  • discusses the results of a CIPD survey of reward management professionals to gather their perceptions of these risks and how ready their organisations are to manage them
  • provides tools to help organisations in a three-stage process of identifying, assessing and mitigating risk
  • considers the skills, competencies and behaviours necessary for reward professionals to pursue a risk-based approach to their work
  • makes five recommendations to assist organisations in adopting a more systematic approach.
 Published October 2009

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