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What is Total Reward?

Total Reward covers all the elements that employees value in working for their employer. A total reward strategy should therefore embrace the entirety of the employer's reward package - financial and non- financial. Such a strategy should:

1. maximise the impact of the investment in rewards by, as far as possible, bringing into line that investment with employee preferences;
2. communicate the reward package effectively with employees; and
3. ensure the objectives of all elements within the total reward package are aligned and support key delivery aims.

Total Reward acknowledges and respects all forms of individual and organisational diversity, and should form an integral part of a diversity policy.

Why Consider Total Reward?

Because people don't just work for money - we need to consider why the best people would choose to work for us, and how we need to treat them to ensure they deliver high performance. To find out more, read our Two Questions report (PowerPoint, 432Kb)