Total rewards: Building strategies that work—for everyone
While ‘Total Rewards’ might sound like an ad for a bank account to many, HR professionals know its full worth.
HRVoice.org - In the post-2008 world, organizations of all sizes are taking a closer look at all facets of compensation. More than ever, total rewards has become the keystone for attracting the right new hires, as well as retaining existing talent.
Faced with an ever-growing array of challenges and opportunities alike, the fine balance between the bottom line and engaged employees goes beyond the five key elements of total rewards. Compensation, benefits, work-life balance, performance and recognition, development and career opportunities: these are just the starting point—a launch pad from which all good things must grow
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