How to maximise the potential of Total Reward Statements Previous research by the Centre for Excellence in Strategic Rewards has proven that reward professionals consider reward communication to be increasingly important. Moreover, employee satisfaction with the communication on rewards has a positive impact on her/his perception of organisational support. A good Total Reward Statement offers an individualised and comprehensive overview of the financial and non-financial rewards offered by the employer. This white paper which is based on research and examples from practice shows that there are 7 characteristics of a great Total Reward Statement. Read more
Price transparency for innovative medicines does not result in lower prices for everyone Although it seems counterintuitive, a new simulation model shows that, without confidential price agreements, lower income countries will pay up to 12% higher prices and gain access to innovative medicines far later than richer countries. This conclusion goes against the assumption that total transparency about price agreements for new and innovative medicines for diseases with high unmet need would lead to more competition, lower prices for all, and greater availability of these medicines for more patients in more countries. Read more