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Reward Services
In a new era of reward thinking, organisations are reviewing their traditional reward structures to ensure they can still achieve the company’s current and long term goals
How can we help?
Our Reward Services team can provide you with strategic and tactical support for all aspects of your organisation’s reward offering, ensuring it continues to drive a high performance culture and a differentiated employee experience. By combining reward expertise and business advisory skills, we can apply insights gained from our understanding of various industries and sectors to ensure your reward strategy enables the business to meet its strategic goals.
Executive Reward
Analysis of 2023 Irish Company Reports
Key observations on 2022 remuneration reports up to the period July 14th 2023
EU Pay Transparency Directive (September 2023)
In December 2022 The European Commission welcomed the political agreement between the European Parliament and the Council on the Directive on pay transparency measures. The new rules will provide for more transparency and effective enforcement of the equal pay principle between women and men as well as improve access to justice for victims of pay discrimination.
How can we support you?
Advisory services across all aspects of executive director, non-executive director, and senior management remuneration, inclusive of market best practice and governance insights.
Challenges your organisation faces
Talent Retention, Governance, and Scrutiny of CEO Pay.
How can we support you?
- All aspects of equity and incentive plans.
- Plan Design.
- Plan Implementation (Reward in Funds).
- Tax, Legal and Accounting.
- Valuations.
Challenges your organisation faces
Talent Attraction & Retention
How can we support you?
- Remuneration advisory services on EU and Irish financial regulation (CRDV, IFD / IFR, Solvency II).
- Solvency II (Insurance undertakings).
- Impact on executive remuneration and wider workforce.
Challenges your organisation faces
- EU, Irish (U.K. where applicable) Legislation for companies based in Ireland.
How can we support you?
Incorporating ESG (environmental, social, and governance) metrics into short and long term incentive plans.
Challenges your organisation faces
Sustainability & Stakeholder Responsibility.
Broad Employee Reward
Gender Pay Gap
With the December reporting fast approaching, for companies with 250 or more employees, how far has your organisation progressed in its gender pay gap journey? In calculating your gender pay gap, we recommend breaking this process down into five stages. These stages are assessing the gender pay gap requirements, collecting your data, completing your calculations, setting your gender pay gap strategy and obtaining buy in and writing your report. Deloitte can help you navigate these stages in your gender pay gap journey. Download our brochure to learn more How can we support you? Gender Pay Gap legislation in Ireland, organisation’s compliance, and wider Diversity, Equity & Inclusion (DEI) strategy. Challenges your organisation faces Irish Legislation & DEI Agenda..
How can we support you?
Advisory services in relation to workforce reward strategy, market best practice, and the future of reward.
Challenges your organisation faces
Company Growth, Retention, Governance.
Recommendations
The benefits of encouraging an international workforce to come to Ireland
Migrants working in Ireland help increase economic growth, ease labour market shortages, improve output and contribute to reducing earnings inequality