What incentives does your organization use to attract new talent? What do you do to retain current employees and keep them motivated? Are you doing enough to stay ahead of the competition when it comes to a total compensation plan? Total rewards can help ensure that your workforce is productive, motivated and isn’t looking elsewhere. Total rewards means providing talent with what they perceive to be of value, not necessarily tangible value, resulting from their current employer-employee relationship.
From early civilization, employers have been challenged with attracting, motivating and retaining employees. Starting with simple barter systems, centuries ago, and transforming to today’s complex incentive formulas, employees have been rewarded in some way or another for their work. These rewards come in the form of compensation beyond a simple salary; and can run the gamut from bonuses, insurance benefits, vacation time, to tuition reimbursement and beyond.
Rewards in 2010 means a lot more than just base and bonus-- and this webcast brought to you by The Human Capital Institute will show you how to create a proposition that reflects where your organization stands on a total compensation plan. We'll discuss how it should be drafted to include all aspects of the plan, how it can be best communicated to employees, and what you can do to make it a strategic marketing tool for potential hires. Join us for the free webcast: “Creating a Total Rewards Value Proposition”