UK employers fail to differentiate top performers’ pay – Willis Towers Watson

UK companies are going against best practice by failing to sufficiently differentiate the pay of top performers, according to research from Willis Towers Watson. The latest global workforce survey from the firm indicates there is room for improvement in the delivery of rewards as only a third of workers in the UK perceive a clear link between their pay and performance and only 40% feel their manager makes fair decisions on how performance links to pay decisions. Less than half of employees say their employer does a good job explaining the pay programme.

Tom Hellier, GB rewards practice lead for Willis Towers Watson, said:

‘The most recent pay data points to no significant wage growth in the last year. Without the current flexibility to expand the pay pot, employers are missing a trick by not using the resources they do have when rewarding employees more strategically. Instead, they seem to be spreading what they have more evenly than ever in an attempt to keep everyone happy, rather than rewarding their best performers for going the extra mile.’

Willis Towers Watson is a ‘leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth’: www.willistowerswatson.com