The evolution of reward and the impact of five different generations within the workplace were among the key topics debated at the Employee Benefits Summit, which took place on 14-16 May in Alicante, Spain.
She said the impact of the recession, consumer trends and workforce demographics means reward may never look the same again.
Speaking in a session entitled ‘The outlook for reward and benefits as the economy improves’, Sarah Purnell, head of UK reward and benefits at Tesco, said three key drivers are fundamentally changing the shape of reward and benefits.
The changing nature of the workforce and what employees want from their employers was discussed by Bob Hughes, director of the Engage for Success Foundation, in a session entitled ‘The workplace of tomorrow’.
Hughes highlighted how the psychological contract is changing and how employers can adapt to meet employees’ changing expectations.
Other speakers included:
- Wendy Cartwright, former HR director at the Olympic Delivery Authority;
- Martin Flavell, vice-president human resources at Finmeccanica;
- Keith Baker, payroll and HRIS manager at CMC Markets and former compensation and benefits manager at Martindale Pharma
- Karen FitzGerald, head of global mobility at Royal Bank of Scotland.
Delegates at the two-day event also took part in small, interactive workshops run by industry experts from sponsoring partners Aon, Barclays, Capita Employee Benefits, Lorica Employee Benefits and Tusker.