Summary:
Employees often rate their employers low on compensation in surveys. Knowing what your employees needs and value, and whether you are compensating employees fairly, is critical to creating an equitable workplace where people want to stay and give their best effort. Designing a comprehensive total rewards strategy is crucial for attracting and retaining top talent. This includes not only monetary compensation but also various non-monetary benefits and perks.
In this workshop, we will discuss how employers can develop their total rewards and communication, so employees feel motivated and confident that that their knowledge, skills, and performance are valued.
Outcomes:
- Review of the components of total rewards
- Understand how to go about developing a total rewards philosophy and strategy
- Review methodology to ensure market competitiveness and alignment with your strategy
- Gain tools for communicating about compensation with your employees
Facilitators:
Tyler Meuwissen, Nicole Blevins
