Zurich: Compensation & Benefits Event

14 Nov 2012

Breaking the Paradigm – The Future of Reward Strategies 

Moderated by Michelle HolmesManaging Partner M-Rewarding
For the third year running, the International Human Resources Community of Switzerland (IHRC) hosted a special event in their packed annual calendar dedicated to challenging topics in the area of compensation and reward.
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Given the ever fluctuating external economic factors as well as the vastly different motivational needs of one generation of employees as compared to another, how do Companies respond to these changing requirements within the framework of their compensation models? For how much longer can Companies continue with the traditional pay mix of base, short term cash, long term equity, pension and benefits? When will the paradigm break? When is money not enough?This year’s event once again featured a range of prominent experts who provided quick impulses into the topic. Participants then worked in a creative environment, facilitated by Heads of Reward from leading organizations, to brainstorm on the future of reward strategies.

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Expert Impulses

Stone Age Rewards for Cyberspace Employees
Daniel Villiger, Managing Partner
ABP Assessment AG

Incentives – Motivation – People – The Future is Easy, Bright & Fair
Urs Klingler, Managing Partner
klingler consultants ag

The Generation Game
Nelly Riggenbach Hasler
Director Western Europe, Universum

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Think Tank

Participants were randomly assigned to smaller breakout groups facilitated by:
Sonja Helfenstein, Compensation Consultant, former Head of C&B, gategroup
Domenica Huber, Vice President Compensation & Benefits, DKSH
Paul Sutton, Head of Total Rewards,
Zurich Financial Services

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Finally, the results were tested against a cross generational group of individuals whose motivation, performance and retention is ultimately what these reward strategies should be achieving.

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Photos by Julie Collins Photographie, http://www.juliecollins.net/

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