Ian Davidson: The Russian Billionaire’s story

I was watching a fascinating program on TV this week on the lifestyle of Russian Billionaires in London. What caught my eye was a pair of ladies from a concierge service that had been sent to buy sound system loudspeakers for their Russian client. They purchased a couple of speakers. The cost was slightly less…

Ian Davidson: Pay rounds and Christmas cards

As we enter both the pay round and Christmas card period for some unexplainable reason I started to ponder over the similarities between the two seasonal activities. Perhaps it is because both events evoke a mixture of excitement and expectation matched with a sense of fear and  foreboding. I have a passion for running pay…

Ian Davidson: Time and relative dimensions in reward

Introduction There is an old saying that a bird in hand is worth two in the bush. This proverb is increasingly relevant in reward. More and more often the payment of reward is becoming dislocated from the time in which the rewarded task takes place. Share options, LITP’s, and bonus deferral schemes all move the…

Ian Davidson: Why our benefits products need to be like Sainsbury´s supermarket

Introduction  I was undertaking my weekly grocery shop in my local Sainsbury´s supermarket in Brentwood. It struck me that I have always shopped in this place. Why, and what lessons could be learnt that applies to reward offerings? The store gives me good value, consistency and familiarity. Too often employee benefits are seen as an…

Ian Davidson: London calling

Introduction I was listening to a radio program about the broadcasts to the French resistance during the  Second World War. Coded messages were sent by the BBC to give instructions to the  resistance. These included ´The blackbirds have arrived´. ´Aunt Marie wants to visit´. ´It is going to rain in Paris´. To those who understood…