Employee Reward Statements...Demonstrate the true value of your reward package.
Reward Statements
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Benefits to Employer...
- Improves employee engagement
- Helps to promote the company’s vision and values
- It is an effective communication tool
- All benefits on offer collated in one place
- Demonstrates a commitment to employees
- Helps recruit and motivate your staff
- Increases employee retention
- Increases your reputation as an employer of choice
Benefits to Employee
- Electronic and / or hard copies available
- Understand the true value of the benefits received as well as salary
- Helps employees make decisions on what benefits are important to them
Total Reward Statements may include but not limited to:
Base Salary - Bonuses - Commission - Overtime - Cash Allowances - Pension - Private Medical - Company Cars - Holiday Entitlement - Life Assurance - Childcare Vouchers - Cycle to Work - Car Leasing - Save as you Learn ....and more.
Overall, Total Reward Statements, when used effectively, help to maximize the return on reward investment and leads to increased employee retention and motivation, as well as improved results around rewards.