Reward Forward Programme
Tuesday, February 28th
Registration and Coffee Bar and Sponsor Area open
Tribute to Chris Hopkins
A Global Market Strategist, Matt King will give participants an overview of the economic environment in which we are operating. Raising the horizon and broadening our perspectives helps to set the scene in which Reward needs to be effective. Are we likely to be facing a period of sustained global inflation or are current price rises simply a blip? Which national economies are more likely to thrive and which face problems with productivity, interest rates, debt and competitivity?
54 Reward practitioners participated in 7 small peer group roundtable meetings that set the groundwork for our Reward Forward Event. In this session Marc Hommel will look at the themes highlighted by those meetings with a fresh pair of eyes. Themes like; Simplicity, Transparency, Fairness, Flexibility and Choice. How can we place these themes in context for our businesses to improve the Reward proposition?
The Reward Forward Opportunity
Specially for this event, Kathi Enderes of the Josh Bersin Company has recorded a video presenting a preview of results from their ground-breaking research into Pay and Rewards. The Josh Bersin Company is widely renowned as the leading research and advisory company for corporate learning, talent management, and HR. This is the first research undertaken by the company in the Rewards arena, and the results are eye opening! As a Neovation participant you will be amongst the first to hear what Josh Bersin and his team have to say on this critical topic as Kathi Enderes previews the conclusions from research that will shape the Reward space for years to come.
Peter Newhouse will finish this session with“What’s wrong with Pay?” As business leaders and HR professionals it’s time to reframe what we are trying to achieve through Reward. Can we make Reward more inspiring and meaningful for our people? Peter highlights some core features of Reward that require Neovation.
Refuel and Connect
The ShoeMars Reward Challenge
Derek Irvine & Peter Newhouse facilitate the first session of the ShoeMars Reward Challenge. Through 3 sessions, Neovation participants will develop a Reward Framework for ShoeMars, our highly successful Nasdaq listed, direct-to-consumer, hi-tech company that builds its unique shoe supply chain in the poorest parts of both the developed and developing world. ShoeMars is a pioneering, values driven organisation that sources its talent from all over the world into a mix of roles; some on the ground, others in the virtual world. How should ShoeMars Reward its people?
Chris Andrews from Caburn Hope helps us look at Flexibility and Choice
Some people say that employees trust their organisation to pay them the right way. Other people say that allowing employees to personalise their Rewards to better suit their own needs would be a more effective way for an organisation to engage its people; is that true? If true, how would we do it? With Choice comes consequences –what if I make the wrong choice and I would have been better off making a different decision? How can we ensure that our people have enough information to make choices they can live with? Is there a middle ground in which Personas are an effective proxy for customisation -how would that work?
The Future of Reward
Gathered together by Simon Patterson around the Neovation Crystal Ball, Placid Jover(Unilever), Derek Irvine(Workuman), Mark Pemberthy(Buck) and Natasha Rice(Tesco) look at the Future of Reward.
Which direction should Reward be taking? Post your questions for this session on the Neovation App!
View from the Top
Simon Paterson interviews Jean-Marc Huët, the Chairman of Heineken NV’s Supervisory Board. What does the Reward landscape look like from the vantage point of a Chairman and Non-Executive Director?
Jean-Marc was previously Chief Financial Officer of Unilever based in London and CFO of the Bristol-Myers Squibb company based in North America, he is currently a director of Canada Goose and the Chairman of Vermaat, a premium catering business owned by Bridgepoint Capital. Earlier in his career Jean-Marc worked for Goldman Sachs International. He received a Bachelor of Arts from Dartmouth College and a Master of Business Administration from INSEAD. He has a long term interest and involvement in the organisation of Formula 1 motor racing.
ShoeMars2, The ShoeMars Reward Challenge
Derek Irvine & Peter Newhouse facilitate the second session of the ShoeMars Reward Challenge.
Through 3 sessions, Neovation participants will develop a Reward Framework for ShoeMars, our highly successful Nasdaq listed, direct-to-consumer, hi-tech company that builds its unique shoe supply chain in the poorest parts of both the developed and developing world. ShoeMars is a pioneering, values driven organisation that sources its talent from all over the world into a mix of roles; some on the ground, others in the virtual world. How should ShoeMars Reward its people?
The Future Reward Organisation 1
Xavier Baeten, Professor in Reward & Sustainability at the Vlerick Business School looks at the Future Reward Organisation, what skills will be needed by the Reward professionals of the future, what skills do we have now? Where do Reward people spend their time and what do they think is important?
Please complete the Vlerick Business School QuickScan on Reward which you can access through the following link: https://su.vc/rewardmgmt_quickscan
This will only take you around 5 minutes to complete. You will receive an individual report and Xavier Baeton will include some of the overall survey results in his presentation.
The Future Reward Organisation 2
Gathered together by Simon Patterson around the Neovation Crystal Ball, Ashok Pillai(BP), Alex Beidas(Linklaters), Leigh Bornstein(UFlexReward) and Diana Fayad(GE) look at the Future Reward Organisation.
Reward is a complex issue involving multiple stakeholders. How can the Reward function be organised to span increasing demands? What more can Reward do?
Post your questions for this session on the Neovation App!
Refuel and Connect
ShoeMars 3 - The ShoeMars Reward Challenge
Derek Irvine & Peter Newhouse facilitate the third session of the ShoeMars Reward Challenge.
In this final session, we aim to reach conclusions on how ShoeMars should Reward its people. How have the Neovation participants addressed the challenge? Can you develop a Reward Framework for ShoeMars that reflects its pioneering and values driven culture? How will you address the diversity of the ShoeMars population and their unique mix of roles?
New Reward Principles
For decades, Reward has followed the mantra of “Attract, Retain and Motivate”. Peter Newhouse discusses with the participants how we could update the guiding principles for Reward to fit the modern world our people work in.
In this session we explore alternative principles to drive Reward Forward and work towards a “Manifesto for Reward” which Neovation will finalise after today’s Event.
An opportunity for “everyone to ask anyone anything”. Do you have a question for one of the session leaders, one of our experts or another participant? This is your chance to ask questions and discuss the themes of the day in an interactive session.
Making the Impossible Possible
The Leadership High are delighted to provide us with some inspiration and motivation to complete our day with a session from the world class coach, Mel Marshall MBE. Mel is a lead coach for British Swimming and coaches the fastest human on the planet at Breaststroke, Adam Peaty.
Mel knows a lot about the role of reward and recognition working in such a high intensity, performance driven environment. Mel shares her story on making the impossible, possible. We will hear some of Mel’s winning beliefs and principles that help her drive change and develop a consistently high-performance culture to go in pursuit of better, every day.
The Leadership High work with leaders and teams in pursuit of better by making confidence a habit.
Drinks and Connect