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Presented by Greg Wolf and Dane Sinn, Compdata Consulting
We all know keeping payroll and benefit costs in check is a difficult task. With the costs of total rewards growing every year, HR professionals are often asked: Is our organization receiving the best possible return on investment in total rewards?
To ensure the best possible return on investment, total rewards must go beyond retaining the best and most productive employees. Total rewards also need to promote a higher level of employee engagement across the entire organization.
For that to happen, employees must understand the connection between total rewards and performance. Total rewards statements, merit increases, bonuses, and/or promotions are commonly available to employees. However, do your employees understand how those are influenced by performance? Does the program design or implementation connect the dots for them? Are you taking it for granted they understand the connection?
In this webinar, we will identify ways you can more clearly illustrate the connection between total rewards and performance. We will examine the impact of total rewards programs on performance, including how the implementation of total rewards can be tied to performance and how to utilize intangible rewards. Finally, we’ll discuss methods of efficiently communicating total rewards to employees in a way that will help them see the connection between performance and rewards.
We need to get the most out of every dollar we spend in today’s business environment. Don’t miss the opportunity to do that with total rewards. Make your total rewards program more than a retention tool. Connect the dots between total rewards and performance and make it a tool for retention and a higher level of employee engagement.