WFD default logo Preparing this profile for you... Gathering services, contacts and credentials.
Workforce Directory Australia logo

Reward Co-Lab

Melbourne remuneration consultancy providing benchmarking, gender pay gap analysis, pay structure design and incentive design for Australian employers.

Overview

Display / Trading Name
Reward Co-Lab

Business Description

Reward Co-Lab is a Melbourne based remuneration consultancy led by managing director and founder Aidan Read, who is also Chief Member Officer of the Financial Institutions Remuneration Group.

The practice covers remuneration advisory and benchmarking, outsourced remuneration management, gender pay gap analysis supporting Workplace Gender Equality Agency submissions, job classification frameworks and pay structure design, and performance and reward program design with tailored incentive plans. Reviews cover alignment to the APRA CPS 511 standard and the Financial Accountability Regime.

Service & Expertise

Compensation, Benefits and Rewards

Remuneration Benchmarking and Job Evaluation

Reward Co-Lab provides remuneration benchmarking and job evaluation for employers in Melbourne and Sydney, applying human centred design practices and agile methods to reward decisions.

  • Remuneration advisory and benchmarking to drive quality remuneration decisions.
  • Job classification frameworks and pay structure design that level and harmonise pay and benefits programs.
  • Remuneration framework compliance and effectiveness reviews, including alignment to the APRA CPS 511 remuneration standard and the Financial Accountability Regime.
  • Outsourced remuneration management for organisations without an in house reward function, led by founder Aidan Read, who is also Chief Member Officer of the Financial Institutions Remuneration Group.

Best for: Australian employers, including regulated financial institutions, that need an independent view of their pay structures and job levels.

Compensation, Benefits and Rewards

Gender Pay Gap Analysis and WGEA Reporting

Reward Co-Lab provides gender pay gap analysis and WGEA reporting support for employers across Melbourne and Sydney.

  • Gender pay gap analysis prepared to support a Workplace Gender Equality Agency submission.
  • Strategy design that follows on from the analysis and connects back to the wider reward framework.
  • Delivered within outsourced remuneration management by managing director and founder Aidan Read.

Best for: employers preparing a WGEA submission and the pay equity strategy that sits behind it.

Operational Coverage

  • New South Wales (On-site)
  • Victoria (On-site) Local presence: Staff based locally

Industry

Industry Experience

Professional, Scientific and Technical Services

Contacts & Channels

FAQs

What does Reward Co-Lab do?

Remuneration advisory and benchmarking, outsourced remuneration management, job classification and pay structure design, and performance and reward program design.

Does Reward Co-Lab support WGEA reporting?

Yes. Gender pay gap analysis is provided to support Workplace Gender Equality Agency submissions and the strategy design that follows.

Who leads Reward Co-Lab?

Managing director and founder Aidan Read, who is also Chief Member Officer of the Financial Institutions Remuneration Group.

Related Vendors

Subscribe

Get workforce news in your inbox.

Subscribe to the Workforce Directory Australia newsletter for industry updates, product news, featured suppliers, and practical workforce insights.

Join our newsletter for curated updates from across the workforce ecosystem.

Or talk to our team