EARLY-BIRD DISCOUNTS AVAILABLE
E-reward's 13th annual conference for compensation & benefits leaders. A world-class event focusing on the interests of senior reward professionals.
Date: 25 & 26 November.
Location: central London - situated in the West End, five-minute walk from Oxford Circus.
Fees: £895 + VAT per delegate.
Discounts: Book before 24 October for your early-bird discount - save £250, pay just £645 + VAT per delegate!
Bring your team to this event. We offer team discounts for more than two delegates from the same company. Get in touch for more details.
Tesco is expanding rapidly, it is opening more stores, using different store formats, and operating overseas. The retailer found that its 22-grade pay structure and job evaluation processes were inflexible and did not provide a sufficient link between pay and performance. They also inhibited the career development and horizontal movement the organisation needs to manage in a period of expansion and change.
The company's response has been to introduce a six-level broadbanded structure which gives line managers more discretion over how they develop and pay their staff. Tesco is also moving towards total reward, introducing some flexibility in its benefit provision and underpinning its "values" with a company-wide recognition scheme.
For more details see our review, published in the 'News' section of e-reward.co.uk, 9 January 2003.