Market data can tell you whether your organization rewards its people competitively. But it can’t tell you if your reward program is working.
Your pay could be well above the market, for example. But if you pay high performers the same as poor ones, or women less than men, you’ll struggle to attract, motivate, and keep the people your business needs to succeed.
Gain insights into the effectiveness of your reward program
Reward Healthcheck is an interactive tool that provides an overview of the key aspects of reward that determine how effective your reward program is:
How fair and equitable pay is within your organization.
How you reward people compared to the market.
How you reward high performers compared to low performers.
How your structure compares to the market.
Take steps to optimize your reward program
The insights provided by Reward Healthcheck allow you to identify if any areas of your reward program are weak, so you can take steps to improve it.
This can include investing in your best performers, improving internal equity to increase engagement, or offering competitive pay to attract top talent from outside your organization.
Interactive or ready-to-go
You can view your high-level results in the Pay platform, and then download them as a presentation-ready report.
But that’s not all. Reward Healthcheck’s interactive dashboard allows you to drill down into the details of your reward program. You can filter by job level, function, headcount, and more, and download the results for in-depth analysis – making it easy to answer the big questions like: ‘Where are the biggest pay inequalities within my organization?’
However you use the data, you’ll know it comes from us. So you can make key reward decisions with full confidence.