NEW E-REWARD CASE STUDY
WorldPay: Shaping Reward Architecture
A sale to private equity owners following the nationalisation of its parent, Royal Bank of Scotland (RBS), was the catalyst for a programme of reward and compensation change at WorldPay, a global leader in payment processing. This restructuring of reward for the 2,500-strong UK workforce was also driven by a perceived need to better align compensation with business performance, and to iron out inconsistencies in the previous grading structure.
This case study, researched and written by e-reward, focuses on two important aspects of the on-going restructuring programme at WorldPay:
CONTENTS
Box 1: Key remuneration principles
Box 2: WorldPay “Freedom” flexible benefit programme: example benefits
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Title: "WorldPay: Shaping Reward Architecture", eresearch 94, December 2013, published by e-reward.co.uk Ltd.
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