When a new business model is defined, every player in the organization needs to be aligned and feel empowered to pursue the best results possible. Amongst the things needed, a clear, fair and stimulating reward system might be the key to succeed.
DEFINING
THE CHALLENGE
Align to evolve
Expert in designing and deploying engineering solutions for Telecom, Power and Corporate sectors, among others, our client plays a critical role in supporting transformation in an increasingly complex and dynamic world.
In the market for more than three decades, the company operates globally with remarkable achievements so far:
Recently, growth and evolution demanded the implementation of a new business model. To guarantee its success, the Management Team was committed to empower their People, aligning the compensation model with the new strategy.
pur’ple was invited to help align the reward structure, including the variable pay and create a model able to recognize each employee for their individual and collective contribution in the achievement of new business goals.
shaping a solution
together
Reward individual and collective results
Having collaborative multidisciplinary teams with a deep expertise in the field is crucial to understand our client's business model. With these success factors in mind, pur’ple acted on two axes:
1. Introduce short-term incentives, specific to the commercial areas;
2. Design medium-term compensation, capable of aligning top managers with the company's strategic objectives.
To promote and encourage cooperation between different teams, the integrated solution developed by pur’ple stimulates collaboration and collective performance.
reaching impactful
results
Decisions based on experience
Aligned with the new business reality and robust enough to boost the expected results, the solution developed by pur'ple was accepted and implemented with success.
"pur'ple presented an immersive, complete, integrated and integrating approach to the challenge, totally aligned to the company's strategy. It enabled us to analyze it from different perspectives and have a clear
understanding of the model's impact on the business. During the project, pur'ple team worked in close co-construction with us, minding the challenges we were facing, always putting themselves in our shoes. In the end, we were glad to have created a balanced solution
between the purpose of the project, the People and the Business."
Head of Corporate HR