We've been busy planning our most extensive programme of reward courses for 2021 with Spring and Summer School GRP classes. We'll also be launching a batch of new live-streamed reward classes next year. Check out our new Excel masterclasses, incentive design workshop with more virtual classes to be announced soon.
Get in touch for the full 2021 schedule.
Alongside and in harmony with its acquisitions policy, Royal Bank of Scotland has another strategic imperative - mass customisation - which involves providing employees with customised and personalised products and services at mass production prices and efficiency. Mass customisation is supported by customised pay arrangements for each brand and process, resulting in a total of over 40 different pay structures.
The reward policy in place obviates the need for a major harmonisation exercise each time and every time a company is acquired. Instead, it makes it possible to bring the reward packages of the employees that move into RBS in line with those of existing employees in a way that maintains current earnings and contains benefits spending. RBS has as its vision being "the best bank to work for" and the bank uses its total reward system - more specifically its flexible benefits policy - and its non-contributory final salary pension scheme to differentiate itself from other banks.
Includes RBS total reward statement documents.
For more details see our review, published in the 'News' section of e-reward.co.uk, 20 March 2004.