Total Reward

A Total Reward Statement is a key part of employee engagement and often a first step towards the introduction of a flexible benefits plan.

For the employer, communicating employee reward helps to reset employee understanding of a benefits package and identifies the organisation as an employee of choice. The Statement becomes an important factor in the corporate attraction and retention strategy, maximising the perceived value of benefits (including non-cash benefits) available through a career in the company.

Key features

• Aids in the recruitment of high quality employees
• Improves retention rates and saves recruitment costs
• Engages employees in the business
• Promotes improved individual and corporate performance
• Delivers a higher take-up of available benefits
• Highlights subsidiary benefits
• Encourages a total reward culture
• Integrates directly with Safe EMS HR and PayrollTR Image
 

 

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