Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

1316: How Unilever Is Reinventing Reward With uFlexReward

1316: How Unilever Is Reinventing Reward With uFlexReward

FromThe Tech Talks Daily Podcast


1316: How Unilever Is Reinventing Reward With uFlexReward

FromThe Tech Talks Daily Podcast

ratings:
Length:
40 minutes
Released:
Aug 25, 2020
Format:
Podcast episode

Description

Peter Newhouse, Unilever Global Head of Reward, and Ken Charman, CEO of uFlexReward, share the story behind the bespoke HR data consolidation platform. The platform extracts all the necessary data from payroll, pension systems, benefit supplier systems, share administration systems, and so on, as well as the value of non-monetary rewards, making this data available in real-time. Thanks to this technology, Unilever is now able to experiment with allowing employees the freedom to choose how their reward is allocated in a way that goes well beyond the flex benefits that employees are familiar with. The company can also understand each employee's cost in real-time, which is crucial for regulatory compliance and effective reporting and analysis. After the platform became instrumental at Unilever, the multinational has spun it out into its company, uFlexReward, to make it available for peer organizations. I learn more about how total reward data is especially critical right now for organizations trying to respond to the impact of Covid-19, be that through reducing headcount, cutting reward spend, pausing pension contributions, and more.
Released:
Aug 25, 2020
Format:
Podcast episode

Titles in the series (100)

Fed up with tech hype and buzzwords? Looking for a tech podcast where you can learn and be inspired by real-world examples of how technology is transforming businesses and reshaping industries? Keep informed of the latest business and tech trends by listening to stories of other people in your field and how they are overcoming challenges with emerging technologies. Learn from the guest's actionable tips, and lessons learned to obtain greater clarity and how you can leverage technology. In this daily tech podcast, Neil interviews tech leaders, CEOs, entrepreneurs, futurists, technologists, thought leaders, celebrities. I have also teamed up with Citrix and its Citrix Ready partners to reveal how they are solving problems together while building the future of work. We discuss how tech trends such as AI, machine learning, 5G, IoT, AR, VR blockchain, crypto, and digital transformation strategies are already reshaping our world. Guests from every industry educate listeners through sharing their road to success, startup stories, and how technology transformed their business and life. Join me for a daily dose of optimism and motivation as I prove that technology really does work best when it brings people together.