Reward Next Practices

A Global Survey from WorldatWork and Hay Group

Survey

In early 2009, WorldatWork and Hay Group jointly conducted a survey called Reward Next Practices. The intent of the survey was to determine how rewards program strategy, design and implementation would evolve over the next two to three years, particularly in light of rapidly changing business conditions. Survey respondents were asked to rate the current emphasis their organization places on different aspects of broad-based reward programs as well as whether they would increase, decrease or maintain their focus on these aspects of rewards in the future.

Survey Results

Introduction

In early 2009, WorldatWork and Hay Group jointly conducted a survey called Reward Next Practices. The intent of the survey was to determine how rewards program strategy, design and implementation would evolve over the next two to three years, particularly in light of rapidly changing business conditions. Survey respondents were asked to rate the current emphasis their organization places on different aspects of broad-based reward programs as well as whether they would increase, decrease or maintain their focus on these aspects of rewards in the future.

Respondents were asked to rate each question relative to current focus on a 1 to 5 scale (“strongly disagree” to “strongly agree scale”) and rate each question relative to increased future focus on a 1 to 5 scale (“much less focus” to “much greater focus”). The percentages reported for current focus are the combined “strongly agree” and “agree” percentages. The percentages reported for future focus are the combined “future focus” and “much greater future focus” percentages. Note that a key finding of the survey is that very few respondents reported a decreasing focus on any of the questions. Most combined scores of “much less focus” and “less focus” were less than 6% in total for the vast majority of questions. This suggests that rewards practitioners will be at least maintaining if not increasing their current emphasis across the areas surveyed.

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  • 2009
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