The Hot Topics in Reward : What did I miss?

 

Elizabeth Kerry

Senior Consultant – Reward, Analytics and HR Technology

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Guess who’s back, back again… Yup, it’s me—fresh off maternity leave, fully caffeinated, and ready to dive back into the world of Reward. The world of Reward has moved at lightning speed while I was away, and now I’m catching up on all the hot topics that are making waves in the market. So, grab your drink and let’s talk about what the headlines in Reward are right now.

1. Pay Transparency

Ok, so I went away on maternity leave and came back to find that the whole “pay secrecy” thing is no longer the norm. Now it’s all about pay transparency. Companies are getting serious about showing what they pay and why they pay it. The days of whispering about salary in the corridors are over. Employees are holding companies accountable, and let’s face it—fair pay is long overdue. So, if you’re still hiding behind that salary spreadsheet, maybe it’s time to come clean.

2. Employee Wellbeing

Remember when employee wellbeing was just about free fruit in the office and the occasional yoga class? Well, those days are long gone. Now, wellbeing is a full-blown strategy that goes far beyond a stress ball and a smoothie. Since coming back, I’ve seen companies taking mental health, work-life balance, and even financial wellness super seriously. The focus is now on holistic support—creating a workplace where employees are empowered to thrive, not just survive. Wellbeing isn’t an add-on anymore. It’s a core part of the reward package.

3. Flexible Benefits

Let’s talk about flexible benefits. This is like the build-your-own of the Reward world. No more boring one-size-fits-all benefits packages. You get to pick what works for you. Want extra time off to watch Netflix? Done. Need support for your mental health? Got it. Flexible benefits are the new norm, and we’re loving it.

4. Technology and AI

AI and tech are completely revolutionising the Reward space. When I left for maternity leave, AI was just starting to make a splash in HR. Fast forward a few months, and it’s now all about AI-powered tools to personalise reward packages, chatbots answering your burning salary questions, and algorithms helping design the perfect benefits plan. If you’re still manually calculating compensation, it’s time to get with the times—technology is here to do the heavy lifting.

Conclusion

To wrap it up: Reward is no longer just about a payslip and the occasional free lunch. It’s about creating holistic, personalised, and strategic experiences that really work for employees. It’s about building a place where people feel valued, supported, and (let’s be honest) very much appreciated.
The world of Reward has evolved, and it’s more exciting than ever. So, if you haven’t already, it’s time to make your Reward strategy as modern, flexible, and tech-savvy as the world we’re living in.

Welcome to the new world of Reward—Did I miss anything? Get in touch and let me know!

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