Q4.

Implementation of revised
compensation plan at SIPL
Towers Watson’s Total
Rewards Framework
Organizes rewards into three categories that correspond to
distinct aspects of an employee’s experience at work:

• The foundational rewards category speaks to employees’

desire for security, stability and a safety net
• The performance-based rewards category speaks to
something equally critical in the current environment: fair
and meaningful recompense for measurable results
• Career and environmental rewards covers a combination
of tangible and intangible elements that contribute
substantive yto the nature of the overall work
environment.