Deloitte’s Reward Consulting service line is able to assist clients in all remuneration and benefit related matters. Be it the complexity of a merger or acquisition, market trends or establishing benchmarks and job evaluation.
We consider the impact of change on employee engagement, attracting critical talent, administrative requirements, tax optimization, compliance, change readiness, and level of effort to implement. We assess and align our reward programs with an organisation’s financial, risk, and talent management objectives.
An organisation’s strategic objectives form the foundation for our design and implementation work. In so doing we understand the unique competitive pressures, critical success factors, and unique value drivers that apply to each individual organisation. We also focus on measurable results by measuring how a Total Rewards strategy supports achievement of business goals in delivering ROI.
When optimised, Total Rewards programs are able to achieve the critical intersection point between an overall lower cost envelope that supports new financial targets but reinforces the talent strategy to reward and engage those employees most critical to the future success of the company. Our approach will factor in the specific business realities (i.e., those targeted for high margin growth versus low-margin, high volume markets) and specific human capital issues that affect each of these business units and functions in order to design a Total Rewards package that addresses each of your stated objectives.