Reward | Balance reward budgets

Reward Navigator Serie 2024 draws on data from 18,000 employees and 5,118 HRDs across 18 countries, making it Europe's largest annual HR research project. This year, SD Worx researchers focused on Payroll, Reward, and Time Management, exploring how these aspects of company strategy impact both employers and employees.

In Episode 2 of the Sparking Reward Navigator Podcast, Bruce Fecheyr-Lippens, People director and Pieter-Jan Boden, reward director delve into the critical topic of balancing reward budgets with corporate and employee financial well-being, discussing the challenges of maintaining financial health for both the organization and its employees, and offering insights from SD Worx's own strategies. From innovative reward strategies to listening to employee feedback, this episode provides practical advice on how to achieve a fair balance - tune in to discover how to navigate the complexities of reward management and foster a thriving workplace.

• Explore strategies to balance rewarding employees with keeping your company financially strong, using more than just paychecks.
• Find out why focusing on long-term employee well-being may have a bigger impact than simply raising salaries.
• Uncover how objective data can help you make fair and transparent compensation decisions that align with your company’s financial health.