Compensation Awards 2025

Celebrating excellence

Recognising the companies and individuals who are shaping the future of work and developing strategies focused on the well-being of their people.
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About
The Compensation Awards are an initiative powered by Coverflex, created to highlight companies and individuals transforming the future of work. It’s a platform to recognise and celebrate innovation, inclusivity, and strategies that put people at the centre of decisions.

This initiative reflects our commitment to promoting practices that add value to employees and inspire positive changes in the world of work. Together, let’s recognise those who are leading this transformation!

Awards

Learn about the awards that celebrate companies and individuals transforming how we recognise, value, and innovate in the workplace.

Company category

This category highlights organisations leading with innovation and inclusivity, creating a positive impact on employees’ lives and redefining compensation as a key tool for the well-being and success of teams. These awards are segmented into three subcategories based on company size — small, medium, and large — allowing us to recognise efforts proportionate to the context and reality of each organisation.

Best compensation policy

Companies that stand out in creating compensation strategies that go beyond salaries, integrating benefits that significantly enrich employees’ lives holistically.
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Financial literacy leader

Companies that prioritise financial literacy, promoting it within their teams and empowering employees to make informed and beneficial financial decisions.
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Compensation transparency leader award

Companies that are clear and open about their compensation practices, promoting trust and equity within their teams.
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Compensation innovation leader

Companies that have demonstrated exceptional creativity and innovation in designing and implementing their compensation strategies.
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People Category

This category recognises inspiring individuals who, through dedication, innovation, and commitment, have redefined practices and strategies that place people at the centre of decisions. More than an award, this is a unique opportunity to nominate and highlight colleagues, leaders, and professionals who serve as extraordinary examples in their field of expertise.

Diversity & inclusion ambassador award

An individual who has significantly contributed to promoting a workplace culture based on diversity, equity, and inclusion, creating an environment where everyone can thrive.
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People innovation ambassador

An individual who is redefining or has redefined people management through innovative solutions, driving significant changes that benefit employees and create a positive impact on their organisation or sector.
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Compensation ambassador

Someone who has made significant contributions to advancing best practices in compensation and defending equity and transparency within their organisation or sector.
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Application phases

Phase 1
Submission of applications
Until March 28
Phase 2
Evaluation of applications
Until April 18
Phase 3
Announcement of finalists
April 21
Phase 4
Awards ceremony
May 7

Evaluation Process

Applications will be assessed by a panel of professionals and specialists in the areas of people management, financial literacy, and innovation. Each submission will be analysed based on previously defined evaluation criteria, and a score will be assigned to each criteria according to its percentage weight.

This rigorous process ensures fair and transparent analysis, highlighting the initiatives and individuals who stood out the most in their categories.

Read the regulation page for more details about the evaluation process and selection criteria.

Frequently Asked Questions

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How do I apply?
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Is it possible to apply for more than one category?
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What are the application deadlines?
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How are applications evaluated?
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Which countries can participate?
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Is there a cost to participate?
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When will the winners be announced?
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What do winners receive?

Join 10.000+ companies and 200.000+ Coverflex users in making compensation easy for managers, accountants and employees.

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