Today’s companies make major investments in their workforce’s total compensation packages – health benefits, employee assistance programs, stock programs, 401(k) and much more. Yet, very few employees understand – or appreciate – the true value of their total rewards. Promoting a comprehensive understanding of total rewards is key in a company’s ability to attract and retain talent.
In this webcast learn how companies such as Yahoo! and Hannaford Bros. Co. are using on-demand Total Rewards Statements to:
· Attract and retain talent.
· Facilitate awareness of total rewards value.
· Provide a central resource to view and report on all compensation-related data from multiple sources/systems.
o Increase participation in voluntary programs such as wellness, EAP, 401(k), FSA and ESPP.
· Enhance employer branding.
· Provide job candidates with an innovative tool to model potential rewards packages – improving recruiting success.
· Provide managers with a valuable tool to have meaningful compensation/bonus performance conversations with direct reports.
· “Ease the pain” of increases in healthcare cost-sharing.
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