Reward strategy and remuneration analytics
Advisory and reward design services for boards, remuneration committees and HR leaders.
Specialist remuneration consultancy
REM Solutions is a specialist remuneration consultancy providing advisory and reward design services to a broad spectrum of clients. Two areas carry particular focus.
Remuneration strategy and structure
Translating strategic and performance objectives into reward design.
Data-driven reward decisions
Combining data and visual analytics to strengthen reward decision-making for boards and executives.
Advisory and analytics services
Reward, performance and talent audit
A data-driven, structured assessment of reward structures and processes, and of how they integrate with individual performance and talent.
Tests whether reward is
- purposeful and deliberate
- cost effective
- linked to results and improving profitability
- retaining the right talent
Evidence for HR leadership on
- where reward spend is most effective
- where reward is ineffective, including leaks in reward spend and opportunities to strengthen the links between reward, performance and talent
- proposed solutions to maximise reward effectiveness
Executive and bespoke benchmarking
Reward governance increasingly relies on an evidence-based approach. Executive Director and Prescribed Officer benchmarks give remuneration committees focused industry comparisons, with guidance on remuneration levels, structure and potential earnings, covering:
- guaranteed remuneration
- short-term incentives: realised and potential earnings
- long-term incentives: realised and potential earnings
- long-term incentive award values
- long-term incentive structures and performance criteria
- executive remuneration provisions such as deferral, clawback and malus
Bespoke benchmarking applies the same approach to identified key roles and comparison companies, guiding both remuneration levels and structures. Visual analytics tools present the results as clear decision-support.
Visual reward insights
Brings Big Data principles into HR by integrating HR, talent, reward and business data rather than analysing each in isolation, to give leaders compelling, persuasive decision-support.
Incentive effectiveness modelling
Tests and demonstrates the effectiveness of the reward-performance link and of incentive spend.
Pay discrimination analysis
Manages reputational risk and tests for fair and ethical reward practice against the legislated pay discrimination definitions and processes.
Reward coaching
One-on-one coaching on reward structure and design for an HR or reward specialist, built around the organisation's own reward structures and including an assessment of them as input.
Reward training
In-house, customised sessions for HR managers and HR business partners covering every reward component, focused on how the components integrate and what purpose each serves for the business.
Reward advisory and leadership
An insourced reward leadership and planning role on a project or retainer basis, or remuneration committee advice.
Matthew Melville
More than two decades of corporate and HR management experience, most of it as Group Head of Reward for a JSE Top 50 group of companies with employee costs above R2 billion.
Matthew is one of approximately 60 reward professionals accredited by the South African Reward Association as a Master Reward Specialist, the highest professional designation awarded to remuneration practitioners in South Africa.
His experience spans all aspects of remuneration, with particular focus on integrating components to drive individual and organisational performance.
Matthew is an executive and management remuneration specialist who has designed and implemented a number of executive reward products, including bonus and share schemes. He has also implemented sales incentives and annual bonus schemes for a number of clients.
His particular interest lies in combining deep reward knowledge with business intelligence and Big Data principles to improve reward decision-making by leaders.