With the combination of low merit increase budgets, high turnover, and escalating benefits costs organizations are challenged more than ever before to effectively attract, motivate and retain talent. HR practitioners need to learn the art and science of ‘total rewards’ to leverage multiple factors and unlock the secret of their company’s value proposition. Compensation is one of the elements, but so are benefits, work-life, recognition, and career development. During this webcast, WorldatWork Practice Leader, Jim Stoeckmann, will discuss a comprehensive model for total rewards that demonstrates the context, components and contributions of total rewards as part of an integrated business strategy. Participants will receive a complimentary Total Rewards Inventory Audit Template to get a comprehensive view of their organization’s value proposition.
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