Reward management involves the analysis and effective control of employee remuneration and covers salary and all benefits. It assesses the nature and extent of rewards and the way they are delivered as well as considering their effect on both the organisation and staff.
Cornwell consultants take a holistic approach to reward management, treating every element of reward as an investment. We help assist organisations to review each part of reward to determine:
Working closely with IDS our consultants have access to one of the largest private and public sector salary databases in the country. This association and our involvement with strategic remuneration bodies helps our consultants identify and advise on emerging trends and practices in addition to establishing appropriate levels of pay at national and regional levels. We also conduct bespoke salary surveys focussing on specific sectors or roles.
Our consultants are highly experienced in using most proprietary job evaluation systems and are skilled in designing and constructing tailored point factor systems that meet both the specific needs of individual organisations and the exacting requirements of equal pay legislation.
We have considerable expertise in helping clients ensure that grading systems reflect organisational structure and that they have the flexibility to accommodate the subtleties of all jobs across the organisation.
In addition, our consultants also conduct equal pay reviews to establish whether grading and remuneration systems comply with legislation.
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