Driving Growth Through Total Rewards
By Incentive Research Foundation
Business leaders recognize that to keep their best talent, they must invest in competitive compensation and benefits packages. These benefits are often communicated to employees and prospects as part of a Total Rewards package. Total Rewards programs offer visibility to employees into the range of compensation and benefits their employers offer. The effectiveness of a Total Rewards program relies on thoughtful design and communication. With the significant investments companies make in their Total Rewards packages, understanding how to develop truly impactful and meaningful programs that drive the desired outcomes for the company and its employees remains a topic for interest within companies of all sizes.
This summer, the Incentive Research Foundation and Insperity partnered to survey 1,200 executives who use Total Rewards to uncover best practices. In this study, top performing companies were examined to better understand winning tactics related to designing and managing Total Rewards packages. The study explores organizational performance, culture and talent strategy, elements of Total Rewards offered (cash and non-cash rewards and benefits), key outcomes driven by individual components of Total Rewards, and communication...
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