Business and People Strategy and Performance

PARC Strategic Reward Skills Masterclass

  • Courses
  • May 11, 2022 @ 9:00 am - May 12, 2022 @ 3:00 pm UTC+1
  • United Kingdom

This Masterclass, hosted by our sister company, PARC, is aimed both at prime succession candidates to current Heads of Reward in major listed companies, and also at newly-promoted (or aspiring Corporate HR Directors, who are seeking to develop a more strategically focused set of reward skills. Attendees particularly value our simulated Remuneration Committee session, focused on the interface role with the RemCo and Main Board.

The content of the Masterclass is founded on those areas most frequently reported by RemCo Chairs as essential to effective performance as the Group HR Director or Head of Reward 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 review / assess the effectiveness of longer-term incentive arrangements – and develop clear alignment to sustainable, long-term performance.
  • The ability to design / conduct a risk audit of reward.

Prior to attendance, delegates will be asked to review their organisation’s strategic business
objectives, including as outlined in the Annual Report, and to assess the alignment between
these objectives and their organisation’s:

  • approach to talent strategy;
  • reward values and principles; and
  • major group-wide reward plans

It is important that anyone nominated to attend the programme will have the opportunity to discuss their organisation’s strategic business objectives (and performance model) with relevant members of senior management. Under the guidance of the nominating CRF member, each attendee should be set clear actionable objectives linked to the Programme deliverables, which they can share in a pre-Masterclass discussion with a member of the CRF team. Each nominating CRF member and nominee will have a discussion with a member of the CRF team at least three weeks before the Masterclass.

Programme Leaders

Karen Clark

Karen Clark

Director, Strategic Dimensions

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

Global Compensation and Benefits Director, BT

Drew Matthews is Global Compensation and Benefits Director for BT. Previously, Drew was a Partner at Aon Hewitt New Bridge Street, most recently Head of Reward at Micro Focus and also formerly Personnel Director at Tesco where he was accountable for reward, global mobility, share schemes, and occupational health and wellbeing for over 500,000 employees in 14 countries.

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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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