To a CIPD Reward Forum seminar this week. The session focused on the voluntary sector under the title of Managing Reward in Turbulent Times. I expect that nearly all conferences and seminars over the next few months will be re-badged under one recession-related umbrella or another. In practice the downturn has happened so quickly and so recently that all that really emerged in relating to the recession was a general level of nervousness. In practice, that did not matter and we had a worthwhile seminar about reward challenges in the sector. One element that has changed since previous recessions is the very much higher level of government funding going into the sector. Some of this is for new services but much is to pay for work that previously fell to public sector bodies themselves. Perhaps this will ameliorate the effects f teh recession for some.
In terms of reward structures generally the sector has its own range of problems; but it is also very diverse and gneralisations need to be avoided. I will pick up some of the thoughts generated by the seminar in subsequent posts.
December 5, 2008 at 2:44 pm |
[...] aspect of reward that came up several times, from both speakers and delegates, in this week’s Reward Forum seminar was that of communications to employees about the true extent of their reward package. [...]