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As employees become more aware about making informed demands when it comes to compensation and benefit (C&B) packages, HR needs to be able to keep up with their expectations while helping maintain the business bottom line.
"A good C&B strategy provides market competitive programmes that attract, reward and retain top talent," John Lackey, director for global mobility at Jabil APAC, said.
"Ideally, it would not only have CEO and executive support, but buy-in from all employees in the organisation."
Apart from the external competition and the buy-in from internal stakeholders, HR also has to consider the collective work environment of the organisation.
According to Lackey, the right C&B strategy should not just “align with the organisation's culture” but also link to individual performance, as well as company performance.
At Benefits Asia Interactive 2014, Lackey will join three other expert speakers from DFS Group, IBM and Schneider Electric, to discuss the role of non-cash rewards and its place in engaging and retaining talent.
Benefits Asia Interactive 2014 will be held on October 15th at the Singapore Marriott Hotel.
Register now to join the third annual holding of Asia’s leading compensation and benefits conference today! Early bird prices end September 15th.
For the conference agenda, please click here.
If you have any enquiries, please contact Manuel Almira at +65 6423 0329 or manuela@humanresourcesonline.net
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