Reward Management

A reward strategy needs to make clear the aims of the various reward elements, integrate them coherently and tell employees what they can expect to receive and why. You’ll find here information on reward strategy and remuneration, pay structures, pay policy and practices, salary and payroll administration, total reward, minimum wage, executive pay and team reward.

There are other pages for: bonuses and incentives, employee benefits, equal pay, pensions, performance related pay and salary surveys.

49 resources currently available for Reward management: Information pages, Factsheets, Podcasts, Survey reports, Guides, Research, Practical tools, Event summaries

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Recognising success in reward

CIPD People Management Awards

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CIPD Advanced level Award in Reward Management

CIPD Advanced Level Award in Reward Management

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Gain in-depth technical knowledge and skills in reward management to enable you to develop tailored reward strategies and solutions that support real organisational and business needs.

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Factsheets (8)

Market pricing and job evaluation
February 2012
Introductory guidance covering market rates and job evaluation in relation to pay. Outlines various sources of pay data. Considers choosing and implementing job evaluation schemes. Includes the CIPD viewpoint.
Pay structures
January 2012
Introductory guidance covering different types of pay structures, including local pay and regional arrangements, and their use by employers. Includes the CIPD viewpoint.
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Podcasts (5)

Executive remuneration - podcast 34
September 2009
How should executive remuneration packages be structured? What factors should be considered to determine pay at senior levels? This month's podcast explores executive pay and HR's role in the debate.
Reward - podcast episode 5
March 2007
What matters in reward management? Is cash king, or are non-financial benefits more important? What's the role of performance related pay? And what part does line manager involvement play?
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Survey Reports (24)

Reward management 2012: executive summary
May 2012
Presents key findings findings from the 2012 Reward Management survey, producd in partnership with Benefex.
Reward management 2012
May 2012
The eleventh annual survey of UK reward management, produced in partnership with Benefex, gives benchmarking data and analysis on reward strategy, base pay, performance-related reward, incentives and recognition, pensions and benefits.
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Legal Timetables (5)

National minimum wage rates
March 2012
Coming into force on 1 October 2012. The Government has approved new national minimum wage (NMW) rates.
National Minimum Wage (Amendment) Regulations 2011 (SI 2011/2345)
October 2011
Came into force 1 October 2011. Implemented increases in the national mimimum wage (NMW) rates.
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Guides (3)

Workplace financial education: a win-win proposition
December 2006
Looks at the case for financial education, with guidance on examining what a programme should contain and how best to deliver it. Illustrated with case studies.
Executive pay: the principles and putting them into practice
February 2010
Key questions to consider in putting into practice the key principles of executive pay
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Researchs (4)

Managing reward risks: an integrated approach
October 2009
This Research Insight provides a framework, tools and recommendations for senior HR and reward professionals in managing the risks arising from how their organisations reward their employees.
Rewarding work: the vital role of line managers
February 2007
Reports on research into line managers’ role and behaviour in reward. Looks at practical implications for managers and includes case studies which illustrate practice.
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Books (4)

Bookstore - Reward Management in Context
February 2004
This text is one of only a few titles to specifically focus on Reward in the marketplace. This text seeks to avoid a prescriptive view of Reward and instead offers a questioning approach to the subject area.
Bookstore - Employee Reward : Alternatives, consequences and contexts
November 2007
This text offers a balanced, comprehensive, student-friendly and analytical approach to Employee Reward and will appeal to anyone studying the CIPD Reward module.
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Practical Tools (2)

Reward strategy: how to develop a reward strategy
December 2007
Outlines a strategic framework for reviewing, developing and delivering a reward strategy. Aimed at those who have responsibility for managing reward, or general HR professionals facing challenges in rewards.
Reward and diversity good practice guide to recognising diversity through reward
October 2006
Designed to encourage broad thinking about the relationship between reward and diversity and show you how diversity principles and objectives can be integrated into reward.