Evidence-Based Reward Management

9Conclusions on evidence-based reward management

Introduction

The key message we want to convey in this book was well-expressed by Reay, Berta and Kohn (2009) as ‘evidence before action’. According to Bloom and Milkovich (1995), ‘a better blend of research and practice can advance the state of the [rewards] field and demonstrate the critical role that compensation plays.’ This book has argued that the lack of evidence for and evaluation of pay and reward practices is a critical blind spot for our profession. It is holding back advances in the field and creating a dangerous knowing–doing, policy–practice and rhetoric–reality gap in reward management, damaging the returns delivered by the major investments our organizations make in their employees’ ...