New Reward II

Issues in Developing a Modern Remuneration System

Reilly P (ed.) | Report 419 | Institute for Employment Studies | Mar 2005

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This report is the second volume of research papers on reward issues produced by IES. It deals with flexible benefits and total reward, non-financial recognition, market-determined pay and variable pay.

What this collection of papers emphasises is that non-pay aspects of reward should be given due attention. Flexible benefits, total reward and non-financial recognition all point to the importance of looking at wider aspects of the employment deal.

This applies in taking account both of intrinsic motivational factors and of the other ways organisations need to attract and retain talent through a package of benefits that meets their particular needs.