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What is the Purpose of a Total Rewards Statement?

Compensation statements, also sometimes referred to as employee benefit statements or total reward statements, give employees an in-depth look at how they’re being rewarded. While…

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How to Build a Pay-for-Performance Model

One important component to building a competitive compensation plan is establishing a Pay-for-Performance model. Here, I share why a Pay-for-Performance model might be useful for…

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Total Reward System: Definition & Role in the Organization

Here, we take a look at a few different definitions of total rewards systems and help you translate them into a meaningful description to fit your company.

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Does Compensation Motivate Employees?

How can I motivate, engage and retain employees? This is the million-dollar question faced by most managers today. With the competition for top talent heating…

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