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IPR ‘Payment by Results’ Survey
A survey on ‘Payment by Results’
(PBR) carried out by the Institute of Public Relations (IPR) has revealed
that 17% of the 530 survey respondents (324 in consultancy and 189
in-house) use some form of remuneration based on the attainment of
specific PR objectives.
However, the overwhelming majority of
respondents (77%) use flat fee/retainer as their sole basis of
contract.
Interestingly, where used, rather than being imposed by
clients, PR practitioners themselves, most often through joint decision
making with the client, are instigating PBR.
Proportions of PBR
expressed as a percentage of current contracts reveal that the
proliferation of PBR is limited. 79% of respondents stated that fewer than
50% of their current contracts were structured using a PBR system. Only
15% of respondents said that PBR contracts made up more than 50% of their
current contracts.
Although 41% of respondents indicated that PBR
contracts made up between 0-10% of their current contracts, the ratio
between the frequency of flat fee/retainer and PBR contracts has remained
relatively static over the last two years indicating that PBR is not a
significant growth trend across the industry. This is corroborated by the
fact that for 51% of consultancy respondents the percentage of annual
income derived through PBR is between 0-10%.
The survey
results highlight that it is important to distinguish PBR measures that
are usually perceived as having negative associations (e.g. column inches
obtained, number of releases issued, number of interviews with journalists
arranged) from more progressive measures.
Among those using
PBR, the most common contract criteria are the attainment of specific
organisational objectives (76%) and the frequency & quantity (70%) and
favourability of coverage (47%). While percentage shift in awareness
(31%), favourability of coverage (20%) and change in market share (20%)
are the most frequently cited criteria desired for future
use.
Nevertheless, the flat fee/retainer system is deeply
entrenched: 78% of respondents not currently using any form of PBR stated
that they had no plans to introduce such systems in the future and only
21% said they would consider using a PBR system in the
future.
However, despite low levels of adoption and broad
resistance to PBR systems, this finding is at odds with consistent views
among all respondents that PBR can have positive effects on some aspects
of the client-consultancy relationship. Over 55% of respondents believed
PBR to have a positive effect on evaluation, accountability and
motivation. By comparison 50% of respondents believed PBR to have a
negative impact on the flexibility of the client-consultancy
relationship.
Commenting on the survey, IPR Professional
Practices Committee Chair, Chris Genasi said:
“The continued
dominance of traditional measures of PBR certainly contributes to
scepticism about the use of PBR within the PR industry. The presence of
these measures is impeding the application of more progressive PBR that
when used strategically can add real value to the client and to the
client/consultancy relationship.
“Effective PBR can only be
achieved if there is a method in place to evaluate results. For evaluation
to take place is it vital to recognise the importance of setting realistic
PR objectives that are related to business objectives, planning a detailed
programme of activities and allocating an adequate budget and controlling
it. This core message, evidenced by the PBR survey results, is consistent
with the IPR’s Toolkit and PRE-Fix work”.
For a powerpoint presentation
outlining key-features of the results, please click here
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