Posts Tagged
Total Rewards
Pay transparency brings benefits into the remuneration review
In April 2023, the Council of the European Union adopted new rules on pay transparency and equal pay enforcement. Its announcement described pay information rights, reporting requirements and compensation that can include bonuses and payments in kind. The 2024 newsletter relay therefore concerned a directive already adopted. For benefits teams, the practical issue is whether the organisation can explain its remuneration elements consistently when comparing employees who perform the
Rewards programs key to retaining talent, improving performance – Bersin
Most organizations significantly lag behind their employees’ expectations for total rewards offerings, according to Bersin’s High-Impact Rewards (HIR) research, a new study area that focuses on employee total rewards. The study released in April 2018 suggests that, with the right strategies in place, organizations that fall short of employee expectations can build a rewards brand that attracts, retains and motivates the most talented workers. As employees and candidates become
