Reward Managed Services

The Structure of HR Functions is Changing

The chalenge of delivering high quality HR support to your business, while at the same time reducing "HR cost per employee" has led many organisations to restructure their HR Functions.

Triangle

The restructuring of your HR function towards the Ulrich model allows increased efficiency in HR Aministration, and promises better ialignment of HR with business needs through the HRPB role.

However, the model relies on deeper expertise being available through specialists in "SME" roles as shown above.  The costs associated with resourcing these roles can be substantial, and consultancy support can be both expensive and short-term by nature.

People Partners can offer an alternative model of resourcing the SME element of your HR function.  Instead of employing a full-time specialist in each of the areas outlined above, we offer the alternative of establishing a managed services contract at a significantly lower cost, while still ensuring in-depth expertise is available on an ongoing basis.

The Reward Managed Service can Include:

  • Review and refresh of reward principles and reward frameworks in the context of changes in the business and devlopments in reward thinking.
  • Refresh of communication of reward principles and reward structures to help educate managers and staff, and to enhance pay process credibility.
  • Training of managers in effective handling of pay issue with employees, to manage expectations and enhance motivational impact.
  • Support through annual pay review process.
  • Support benchmarking of pay and benefits against the market.
  • Role Analysis and Job Evaluation to validate positioning of roles within a pay / grading structure, and/or for objective benchmarking purposes.