Best Practice Total Rewards? Communication is king!
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Written by Craig Raath, Non-Executive Director at 21st Century
My goal for today was to sit down and write an article about the next big thing in the reward and recognition arena. I had planned to spend the morning researching global best practice to bolster my local knowledge of trends and the afternoon consolidating my findings and writing a profound article for the benefit of Human Capital professionals everywhere. I diligently read numerous articles penned by the top thinkers from leading organisations, made notes, sat comfortably, clicked my knuckles, hovered over my keyboard and. . . realised that the best advice that I have in creating a world class total reward structure in your organisation is to communicate effectively, honestly and ethically.
We’ve all seen case studies on companies like Google and Patagonia and I have no doubt whatsoever that they are leaders in optimising a corporate culture that works in their unique environments. As cool as it would be to go surfing during working hours and crawl into a nap pod for an afternoon siesta after your cafeteria subsidised triple, venti, half-sweet, non-fat, caramel macchiato, that just plain doesn’t work for most organisations.
I am constantly being asked “what is the latest best practice in the reward space”. What is with our obsession with best practice anyway?
