E-reward has commissioned international Excel for Reward guru Dianne Auld to design, develop and deliver a virtual training programme comprising two diplomas and seven short masterclasses focused and tailored so that we cover all of the essential Excel skills that are relevant to the needs of compensation & benefits professionals.
The diplomas, offer you the opportunity to enhance your learning as you progress from Level 1, a foundational diploma, to Level 2, the expert level.
Plus a series of seven Excel for Reward Masterclasses for those who want to immediately elevate their skills:
- Excel Power Query
- Grading Maps
- Using regression Analysis and Dynamic Arrays
- Transforming Reward Data with Macros
- Excel Dashboards
- Incentive Modelling
- Developing a Pay Range Zone Calculator
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
Executive summary
WorldPay’s reward journey since autumn 2010
Organisation profile
Who e-reward interviewed
Refining the “value account”
Pensions auto-enrolment
“Freedom” benefits
Benefit choices
Widening access to performance bonuses
Valuing reward
Boosting variable pay
Future prospects
Lessons learnt
Box 1: Key remuneration principles
Box 2: WorldPay “Freedom” flexible benefit programme: example benefits