Total rewards should embrace everything that today’s employee values in the employment relationship. Because total rewards are made up of all the tools that attract, motivate and retain employees, employers need to develop an effective strategy that works with its organizational demographics.

A total rewards strategy maximizes the organization’s return on compensation, benefits and other rewards dollars invested. It provides managers with multiple tools for attracting, motivating and retaining key talent.

This includes compensation, benefits, work-life, recognition, performance and career development strategies and programs. These elements are both monetary and non-monetary, and are intended to reward employees’ time, talents and efforts to help achieve business results.

WorldatWork provides human resources professionals with reliable resources to assist them in contributing to the development of programs and practices that lead to superior organizational performance.