January 2011
Intermediate to advanced
240 pages
5h 9m
English
Risk is inherent in every business activity that we undertake. The development, implementation and management of reward systems and processes are no exception. In recent years there have been plenty of examples of the damage that can be done by failing to manage the risks associated with remuneration decisions. This has been exemplified by some very public cases including rogue or mismanaged trading in the financial sector linked to incentive arrangements, and the alleged misuse of expenses by British parliamentarians. Notwithstanding potential external damage to brand or reputation, the mishandling of reward issues can cause long-term damage to the psychological contract between employers and their ...
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