TITLE

Scrutiny of reward spend 'could have saved City jobs.'

PUB. DATE
January 2009
SOURCE
People Management;1/29/2009, Vol. 15 Issue 3, p10
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that the Annual Reward Management Survey of the Chartered Institute of Personnel and Development (CIPD) has revealed that nearly half of human resources (HR) practitioners in Great Britain are unaware of what their organisations are spending on pay and benefits. Only 54 per cent of respondents knew what their total spend was on reward, and only 17 per cent of these could provide figures for constituent elements. The research has also found that two-thirds of employers do not know whether their reward strategies are working.
ACCESSION #
37020371

 

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