#1.6 - Here’s What Rewards Will Look Like Beyond 2021
What are the key elements of a future-proof reward system, and what will reward look like in the future❓ In this interview, we are talking to Unilever’s Global Reward Counselor, Peter Newhouse. Peter is an expert on pay and a forward-thinking reward innovator. Reward systems are the glue that keeps companies together, motivate employees, and boost performance and commitment. ✨ With rewards being transformed due to advanced technology and data availability, organizations can establish a much more varied approach to rewards and provide employees with flexibility, personalization, and inclusivity❗In this episode, we discuss: 🔥 Key element of a successful reward strategy 🔥 Who are the “Plumbers of HR”? 🔥 What is the role of reward in HR and today’s world?🔥 Leveraging data in reward🔥 Using rewards to create greater diversity and inclusionListen to the full conversation to discover Peter's insights on leveraging data in rewards, the importance of employee feedback, and the concept of employment for life! 💼Ready for the Full-HR experience? Watch the episode in video format:Part I: A Future-Proof Reward Strategy is Flexible, Personalized & InclusivePart II: Here’s What Reward Will Look Like Beyond 2021Useful resources:Compensation Metrics Cheat Sheet - 12 key metrics for your C&B initiativesRate, Review & Follow on your favorite podcast platformIf you've enjoyed this episode, please consider rating and reviewing our show. We'd love to hear your thoughts on the episode and any topics you'd like us to cover next.If you haven't done so yet, subscribe to the podcast and never miss an episode!Enjoy!