Reward Blueprints: 'We are very grateful that you are putting in so much effort to grow the reward profession by creating a repository of information. These reports are going to open up a whole new world of knowledge to a lot of our team.'
To support culture change needed for demutualisation in 2001, financial services group Friends Provident introduced five broad career bands with generic skills and competency levels. Our case study investigates the company's experience to date.
We also examine how a move to benefits flexibility has supported the retention of the final salary pension scheme while facilitating flexibility in holiday entitlement and car choices and saving money on childcare and voluntary benefits such as healthcare.
For more details see our review, published in the 'News' section of e-reward.co.uk, 25 May 2004.