HC - Performance and Reward - Ernst & Young - United Kingdom

Reward: FSA Remuneration Code
Our report analyses the impact of the FSA Remuneration Code (3.2Mb, July 2011) and the challenges firms face when implementing it. We look at six stakeholders, and examine the key concerns and questions they would need to address.

Executive and employee reward
We can help you design compensation programs for employees and executives that will help meet your corporate objectives. These would include staffing models, overall compensation strategy, benchmarking, equity design and implementation, and assistance with other operational issues such as proxy disclosure and communication support.

Equity incentives
We help you create and implement equity-based reward programs that can improve business performance – by aligning employee motivation with business objectives and shareholder interests. We can help design an effective equity plan (or review existing ones) that takes into account the accounting, tax, and other issues of the participating countries. Our multi-faceted approach and understanding combined with our proven methodologies saves you and your employees money and bother.

HR Mergers & Acquisitions
We utilize a range of tools, techniques and methodologies to help you during all phases of a corporate transaction:

HR due diligence – We can assist you in evaluating the EPS, tax, accounting and cash flow impacts from targeted compensation and benefits programs. We help you to identify and quantify total compensation risk and liabilities and accelerating cycle time towards integration.

Day 1 readiness – After a deal has been finalized, a fast start to achieving your goals and avoiding early unplanned losses is often critical to long-term success. Key areas we can help you address include talent retention, employment continuity planning, strategic messaging, and integration planning.

Deal integration – Achieving your goals in any transaction is dependent on successful integration. You benefit from our experience and methodologies so that human resource functions and management practices can deliver synergies and create a positive environment for your new organization to thrive.

HR corporate restructuring
We can help you in the process of restructuring to ensure management time is focused on managing business issues. Our services include advice on structured severance arrangements to minimise tax, TUPE and the Acquired Rights Directive, relocation, retention incentives, communication, transition arrangements, and all HR aspects of the restructuring process.

Our relationship with employment law and pensions advisors, in addition to our global network of specialists enables Ernst & Young to advise companies on how best to manage corporate restructuring programmes, in line with employment legislation and best practice.

Performance through reward
We advise leading companies on their total reward strategy, ensuring the alignment of all elements of reward with their business strategy and plans. By focusing directly on the business issues you are facing, we provide financially driven solutions for all your reward programmes, from reward strategy to advising on each element of the package that is both pragmatic and implementable. As a result of working with us, you will have increased comfort and peace of mind that your reward strategy is fully aligned to your business strategy.

High Performance
Read High Performance, our quarterly Performance & Reward newsletter.