Compensation is broader than what you pay your employees for the work they do. Total compensation includes salary, cash bonus, commissions, and other non-monetary benefits. This includes time off programs, health & wellness benefits, insurance, etc.
Rewards programs are used to supplement your compensation offerings. If designed correctly, they will be tied directly to business drivers. Rewards are a great way to differentiate as an employer while increasing employee engagement.
If you don’t have a compensation and/or rewards program in place, we can help you to build and implement one. If you have one but are have questions about it… we can perform a market analysis and present the findings to your leadership team, along with recommendations.