A Total Rewards Strategy is a formal, written statement of an organization’s position and values regarding compensation and benefits, and how this supports enterprise-wide success, as well as the attraction and retention of top talent.
Once established, it sets the foundation for the ongoing design and evaluation of your compensation and benefit program.
ERC can help develop or assess your Total Rewards Strategy and ensure it aligns with your business goals, organizational culture, and industry best practices.
Our process includes:
- A comprehensive assessment of your current strategy and objectives
- Stakeholder interviews and development of key insights
- Creation of a written Total Rewards Strategy
- Employee communication strategies
