NEW YORK, NY, USA, 29 April 2019—ALM Intelligence has ranked Deloitte as the undisputed global leader in the report entitled The ALM Vanguard: Compensation Consulting 2019. On compensation consulting, Laura Becker, analyst, Management Consulting Research at ALM, highlights, “Deloitte takes the overall lead this year with significant investment into gaining insights into future workforce disruptors through its Research and Sensing's Total Reward research and its ‘Global Job Architecture Survey.’”
“With an ever-changing workforce, driven by the gig economy and new employment models, the compensation landscape is rapidly evolving,” says Greg Stoskopf, managing director, Human Capital Practice, Deloitte Consulting LLP. “Organisations will have to fundamentally change how they design and implement their compensation programs to meet future workforce demands—Deloitte is focused on helping clients efficiently adapt to a new normal.”
According ALM, compensation consulting is defined as “part of Rewards Management, which forms part of the management consulting services directed at clients’ back office activities. Its objective is to improve the incentive systems designed to motivate employee behaviours aligned with a company’s strategic objectives.”
“As Deloitte looks to the future, we will continue to focus on leveraging breadth, depth and business focus in compensation advisory to serve clients with their compensation strategy needs,” adds Andrew Erhardt Lewis, director, Consulting Reward and Talent, Deloitte North West Europe. “In a competitive war for talent amidst changing regulatory requirements with pressures on pay transparency and equality, Deloitte’s commitment to anticipating the future of work and moving from an organisation-led to workforce-led compensation solution will be critical to delivering advice to clients.”
Additional report findings
As used in this press release, “Deloitte” refers only to the Deloitte Touche Tohmatsu Limited member firms and their affiliates.
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