Sign up to receive the latest news and insights from Radford.


 
Aon logo

Radford Newsletter | September 2018

 
 
Do you want to know how to calculate the impact of your rewards and benefits programs on employee performance? This month’s feature article takes a fascinating look at how we did this for a client. Next, we look at efforts to reduce turnover in the UK life sciences sector, followed by a data dive into how reporting lines can influence CHRO pay. If you’re a startup or high-growth company, our guest post in CB Insights outlines four steps to creating a compelling compensation philosophy. And catch up on global workforce trends in the technology sector with our new infographic. Finally, don’t miss our fully digital Radford Perspectives Report!  
 

 
How Health and Wellness Policies Affect Employee Performance: A Case Study

Our recent work with a pharmaceutical client to quantify the impact of their health and wellness programs on performance is an example of the valuable insights people analytics can uncover. We explain our process and key takeaways in this new case study. 
  
 
BDBI_ Sept 2018_UK LS.jpg  
 
Robust UK Life Sciences Sector Prompts Efforts to Curb High Employee Turnover

The outlook for the UK life sciences sector
is optimistic with aggressive hiring and
employee turnover on the rise. This is
causing firms to reinforce their efforts to
retain top performers. We explain the talent and rewards strategies companies should
think about.
 
        BDBI_ Sept 2018_Reporting Relationship.jpg
 
 
  
Assuming the scope of the CHRO role is similar across companies and industries, we would not expect the CHRO’s reporting relationship to impact or cause differences in pay. However, even when controlling for revenue size, CHROs who report to the CEO are paid significantly more than their peers who report to some other role.  
 
  
   
 
BDBI_ Sept 2018_4 Ways.jpg  
 
4 Ways To Build The Right Rewards Culture For Your Employees 

In order to attract and retain top talent, startups need to establish their compensation philosophy early on. Our guest post in CB Insights highlights four primary ways to create a compelling compensation philosophy.
 
        BDBI_ Sept 2018_IRS Releases.jpg
 
 
  
New guidance from the IRS on the tax bill’s treatment of 162(m) delves into identifying covered employees, operation of the grandfather rule and modification of a written contract. We provide details on the application of these changes.  

                                         More Articles ►
 
 
   
Radford Perspectives.jpg

The Radford Perspectives Report is Now Live!

Every year, our experts gather to discuss the biggest rewards trends shaping the technology and life sciences sectors. In the newest edition of the Radford Perspectives Report, we challenge clients to reimagine their roles by being bold in three key areas: understanding the global landscape, addressing pay equity and pay transparency, and leveraging the full potential of people analytics. The first three chapters of this year’s fully digital report are available by clicking the following links: Forces to Watch, Executive Compensation, and Employee Rewards and Talent.
                                                 
 
Global Workforce Trends at Technology Companies as of Q2 2018


We examined hiring plans and turnover rates in Brazil, China, India, Germany, Russia, the UK and the US. This quarter’s data shows the prevalence of firms reporting aggressive hiring plans is up in nearly every country.


More Infographics ►

 
BDBI_2017_tab_upcoming_events.png
 

Radford West Coast Life Sciences Meeting

The agenda includes a fireside chat with Amy Wireman, VP of HR at BioMarin, equity trends with analysis by commercial stage, updates on fair pay laws, and insights from our new People Analytics practice.
 

Date: October 18, 2018
Location: San Mateo,
CA
Register Now

 

Radford East Coast Life Sciences Meeting

The agenda includes a fireside chat with Karen Anderson, the CHRO of Alnylam Pharmaceuticals, equity trends with analysis by commercial stage, updates on fair pay laws, and insights from our new People Analytics practice.
 
Date: October 24, 2018
Location: Boston, MA

Register Now


More Events ►

 

 

Dollars From Data: The Value of Emerging Tech

Leading companies aren’t looking at technology in a silo. Instead of finding a single use for the tech, they are viewing the Fourth Industrial Revolution as an integral component of business strategy. The payoff can be significant for companies that get it right.


More Insights from Aon ►

 

About Radford

Radford partners with technology and life sciences companies to reimagine their approach to rewards, empowering them to achieve superior levels of people and business performance. Radford is part of Aon plc (NYSE: AON).
 
For more information, please visit radford.aon.com.
 
 
 

Radford.aon.com