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Hourglass issue 22: Putting HR at the centre of your people strategy from PwC looks at the underlying factors that motivate senior employees.
We've seen plenty of media scrutiny over the past few months regarding the size of executive bonus payouts, particularly those handed out in the banking and financial services sectors. With these headlines in mind, could now be the time to re-examine the effectiveness of your organisation's reward strategy in the post-recession landscape? In this June 2011 edition of Hourglass we highlight our recent report, The Psychology of incentives, which looks at the underlying factors that motivate senior employees. We ask whether traditional reward packages are really attracting or retaining the right kind of talent and look at some of the alternative options for rewarding and inspiring your people. In this issue we also look at the impact of university tuition fees on Generation Y, the effects that political upheaval can have on international mobility and talk to Tim Pointer, HR Director at Pentland Brands. You can read the full magazine as a PDF here. You can also read two extracts from this edition below. Reward International mobility In the face of earthquakes, nuclear leaks and political upheaval, organisations have to know if, how and when they need to move their people. If you would like to receive a hard copy please contact HRS marketing. Previous editions:
A new report suggests that fairness is the greatest motivating factor in reward - but our understanding of what's fair and what's not is highly complex.
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