Why Communicating Total Rewards Matters in Any Economy
organizations that communicate the total employer/employee value prop will see much higher levels of engagement, lower levels of turnover, and higher return to stockholders
Challenging economic times are a threat to workforce motivation and retention. The bright line on the horizon: organizations that communicate the total employer/employee value prop will see much higher levels of engagement, lower levels of turnover, and higher return to stockholders. If you want to learn how to connect the dots with employees between what they understand their compensation to be, and what you actually provide to them through contributions beyond salary, then this webinar is for you.
Michelle Grant, a 20-year veteran in HCM product strategy, will begin the discussion with an overview of how employees draw parallels between communications about benefits with their perception of how good the offerings are, and provide examples of the other non-salary compensation elements that comprise an employee’s true total compensation overview.
Michelle will also demonstrate the value of presenting this total compensation overview as an online tool that employees can access 24/7 – and why you might consider this same online tool for recruiters and line managers, to attract and retain key staff. Examples of online statements will be provided.
Finally, Michelle will conclude with Best Practices you can leverage to successfully achieve:
- Buy-in from key executives
- Employee adoption and engagement
- A high-touch through high-tech experience
Any HR professional who is concerned about attracting, motivating and retaining key staff in an uncertain economy by leveraging investments you’ve already made – but need a new way of communicating – will find this 60 minutes very valuable.
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