Empresas category

Social Impact Compensation Leader Award

Companies that use compensation and benefits as a tool to create positive social impact — supporting employees who face greater vulnerabilities, promoting inclusion, and contributing to decent work practices that go beyond legal compliance.

submit your application

until May 29

Description

This award recognises organisations whose compensation and Total Rewards strategies (encompassing salary, benefits, recognition, and well-being) are deliberately aligned with Environmental, Social and Governance (ESG) objectives and decent work principles, actively addressing inequality, protecting at-risk groups, and creating e real improvements in employees' lives, particularly for those in more vulnerable situations (e.g. caregivers, people with disabilities, low-income earners, or employees in precarious roles).

Evaluation Criteria

  • Social impact of compensation strategy - Evaluates the extent to which the organisation's compensation and benefits strategy is intentionally designed to generate positive social impact, particularly for employees in vulnerable or underrepresented situations.
  • Inclusion and accessibility of benefits - Assesses whether benefits and compensation are genuinely accessible to all employee profiles, including those in non-standard contracts, lower income brackets, or with caregiving responsibilities.
  • Financial protection and security - Evaluates the range and quality of initiatives that go beyond legal minimums to protect employees' financial wellbeing and social security.
  • Evidence of measurable social outcomes - Assesses the quality and credibility of evidence demonstrating real improvements in employees' lives as a result of the compensation strategy.
  • Alignment with decent work principles - Evaluates how consciously the organisation aligns its compensation practices with SDG 8-inspired principles: fair wages, safe conditions, social protection, and equitable opportunity.
  • For more information, the full regulations can be consulted here.
Applications Open

Frequently Asked Questions

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