Reward is about designing and implementing strategies that ensure workers are rewarded in line with the organisational context and culture, relative to the external market environment.
It requires specific knowledge in a range of specialist areas to be able to create and shape total reward packages. This may include:
- Executive reward
- International reward
- Pay and benefits modelling.
Reward specialists will need a deep understanding different approaches to reward and benefits packages, and how to ensure that approaches are in line with relevant legislation, as well as the links to organisation and individual performance. You’ll also need to know practical elements such as how to benchmark salaries and determine pay based on external market factors such as scarce skills.
Reward standards
Each standard progresses through four levels of impact. Which level do you most embody in your day-to-day work?
Next: Talent management
Ensuring the relationship between an organisation and its people is managed through transparent practices and relevant law
CIPD Trust
Tackling barriers to work today whilst creating inclusive workplaces of tomorrow.
Connect
and learn
We offer a range of ways to stay connected,from events to networking, workshops and webinars.
Explore our related content
Introduces the basics of reward, which includes pay and benefits, and outlines the UK legal position
Outlines the purpose of pay structures and progression, including the common ways of structuring pay and determining, reviewing and controlling pay progression
Insight from the CIPD’s survey into factors driving pay decisions in UK workplaces and recommendations for practice
Employers’ reactions to pension proposal highlight concerns over cost, while the CIPD calls for focus on raising pension awareness among staff, the need for higher contributions and better understanding of value for money
Make the most of the Profession Map
The Profession Map is for everyone in our profession – individuals and teams, members and non-members. Learn more about the Profession Map and how you can use it.
Explore the purpose, values, knowledge and behaviours at the heart of our profession
How the international standard works for all people professionals
Find your current level of knowledge and experience and the next step in your career
Check out our FAQs on the Profession Map, membership, and qualifications