With our Total Rewards solution, they can — and that can make a world of difference in retaining your best employees.
Today’s employees have high expectations for rewards – many of which extend beyond compensation alone. Total rewards programs effectively attract, retain, and engage talent – but only when they’re communicated strategically.
Our easy-to-use Total Rewards solution enables the continuous communication of the full value of employment to the entire workforce, providing employees with simple and convenient views of personalized statements. Whether online or in print, they can access their combined compensation, benefits, and other employment rewards at any time.
Total rewards programs effectively attract, retain, and engage talent – but only when they’re communicated strategically. Truly showcasing the value of a total rewards program on a continual basis can be cumbersome for companies with already-limited resources. Fortunately, there’s a way to automate total rewards communication to maximize the impact and value of your program.
Our Total Rewards solution offers key advantages for organizations, including:
While employees need visibility into their total rewards to stay engaged, managers should be able to track their teams’ total compensation, too. With our Total Rewards solution, managers can conveniently access their direct reports’ rewards to support strategic pay decisions and consistent, meaningful communication around compensation.
From the HR perspective, our Total Rewards solution gives managers the ability to easily determine the current and historical costs of total rewards programs through the storage of historical rewards cost and use data. This unique feature provides granular insights into total rewards costs, allowing you to make data-driven decisions that benefit both the workforce and the organization as a whole.
Of course, you can change that message as frequently as you choose. It’s another way to stay in touch with your workforce and to tie your message and their contribution to their compensation overall.
Bring the power of digital transformation to total rewards communication by replacing the annual data push and printed statement with an automated data exchange and manager- and employee-friendly portal. And, compared to HRIS systems, this solution offers more thorough statements, thanks to its ability to house every detail of compensation and benefits.