Business and People Strategy and Performance

PARC Strategic Reward Skills Masterclass, May

  • May 14 - 15 2024

Day 1: 09.30 – 17.30 (followed by formal dinner), Day 2: 08.15 – 17.00

The PARC ‘Strategic Reward Skills Masterclass’ has become the essential passport to a senior role in Group HR or Reward Management. The Masterclass is aimed both at prime succession candidates to current Heads of Reward in major listed companies, and at newly promoted or aspiring Group HR Directors, who are seeking to develop a more strategically focused set of reward skills.

Our focus for the Masterclass is the development of these reward skills, enabling attendees to ask the right questions of business leaders in support of developing an effective and appropriate reward strategy.

Attendees benefit from the insight and counsel of our faculty of experienced and current practitioners and our content is founded on those areas most frequently reported by RemCo Chairs as essential to effective performance as Group ‘reward strategy’ lead in major companies.

Our proprietary content encompasses:

  • The ability to develop a ‘grounded’ reward strategy – aligned with business strategy
  • The ability to review, assess and contribute to RemCo effectiveness
  • The ability to assess the effectiveness of longer-term incentive arrangements aligned with sustainable performance
  • The ability to design and conduct a risk audit of reward

Each year we evolve the format and content to ensure continued relevance and value for those attending.

An element of the Masterclass particularly valued by our Alumni is the simulated Remuneration Committee session, focused on the challenges of reconciling business needs with investor guidelines and broader stakeholder management.

The Masterclass incorporates a speakers’ dinner at the end of Day 1, which forms an essential component of the Masterclass and builds towards this RemCo simulation on Day 2.

The Masterclass is an ideal learning, networking, and skills development opportunity for the next generation of Reward and HR Leaders. Peer exchange and collaboration between delegates are fundamental components of the programme. The content is therefore targeted at experienced, capable talent who are most likely to progress to the most senior HR and reward roles.

Masterclass Faculty

Karen Clark

Director, Strategic Dimensions

Karen Clark is a Director of PARC and SD. Within PARC she is instrumental in the Reward Masterclass and our On Demand learning programmes. She has an interest in the development of HR talent and capability, encompassing reward, performance and wellbeing.

At SD, Karen partners with clients to design and execute recruitment solutions to fulfil talent planning and hiring requirements. She also partners with candidates to support their career objectives and their route to securing a new role or venture.

Prior to rejoining Strategic Dimensions, Karen worked for a talent and business intelligence consultancy. Pre-resourcing, Karen worked as a corporate lawyer in the TMT sector. It was during her time as a lawyer that she got her first exposure to the importance of attraction, engagement and ongoing retention of sought after talent in a competitive market for the best candidates.

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Drew Matthews

Group Head of Reward, Benefits & Wellbeing, Centrica

Drew Matthews is Group Head of Reward, Benefits & Wellbeing at Centrica. He has extensive corporate and consultancy experience gained from multinational companies across a variety of industries. He was previously at BAE Systems, BT and Tesco where he had accountability for reward, HR policies, global mobility, employee relations, HR mergers and acquisitions, and health, safety and wellbeing. Prior to becoming an HR Director, Drew worked as an independent remuneration committee adviser for a number of consultancy firms including PwC and Deloitte.

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Phil Wills

Independent Consultant and Associate Director, PARC

Phil Wills advises and assists PARC in the development of its programme of events. His previous corporate roles included Global Head of Reward for Reed Elsevier (RELX), for ICI, and for Diageo. Since 2010 he has established an independent consultancy business to provide strategic reward support, focused on the delivery of business strategy and organisational performance. His other major focus is as coach to newly appointed (or aspiring) Corporate HR Directors on all areas of reward strategy and delivery (including incentive plan design and corporate governance effectiveness).

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