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Creating Total Rewards that Drive People and Business Excellence
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© 2011 Total Reward Solutions. Do not copy without permission. Experiencing HR Pains in Business
Top Three Reasons Employees Leave: ,[object Object],[object Object],[object Object],© 2011 Total Reward Solutions. Do not copy without permission.
(Compensation + Benefits) x Performance Management =  Total Rewards Total Reward Equation When all programs are aligned to work together, they attract and motivate people who drive solutions and results to business needs—attracting the right people, reducing turnover and encouraging the achievement that drives success. © 2011 Total Reward Solutions. Do not copy without permission.
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© 2011 Total Reward Solutions. Do not copy without permission. Missing Parts of the Equation Lead to:
[object Object],[object Object],The Real Fall-Out: © 2011 Total Reward Solutions. Do not copy without permission.
Total Reward Solutions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© 2011 Total Reward Solutions. Do not copy without permission. ,[object Object]
Specialized Tools ,[object Object],[object Object],[object Object],© 2011 Total Reward Solutions. Do not copy without permission.
Additional Services © 2011 Total Reward Solutions. Do not copy without permission. Compensation Benefits Performance Management Base and Merit Pay Structures Local Market Comparative Analysis System Design Profit/Gain Sharing Plans Automated Enrollment Consulting Competencies Evaluation Compensation and Sales Incentive Plans Benefits Design Tie to Pay Increases Job Descriptions and Market Pricing Plan Consolidations FLSA Compliance/Discrimination Analysis  Plan Costing Strategy Mergers and Acquisitions Mergers and Acquisitions Due Diligence Reward and Recognitions Internal Equity Reviews Employment Offers
(Compensation + Benefits) x Performance Management =  Total Rewards ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Reap the Rewards! © 2011 Total Reward Solutions. Do not copy without permission.
Thank You! Please call us today at 317.855.7135 to discuss your equation for total rewards. www.totalrsolutions.com

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TotalRewardSolutions.ppt

  • 1. Creating Total Rewards that Drive People and Business Excellence
  • 2.
  • 3.
  • 4. (Compensation + Benefits) x Performance Management = Total Rewards Total Reward Equation When all programs are aligned to work together, they attract and motivate people who drive solutions and results to business needs—attracting the right people, reducing turnover and encouraging the achievement that drives success. © 2011 Total Reward Solutions. Do not copy without permission.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9. Additional Services © 2011 Total Reward Solutions. Do not copy without permission. Compensation Benefits Performance Management Base and Merit Pay Structures Local Market Comparative Analysis System Design Profit/Gain Sharing Plans Automated Enrollment Consulting Competencies Evaluation Compensation and Sales Incentive Plans Benefits Design Tie to Pay Increases Job Descriptions and Market Pricing Plan Consolidations FLSA Compliance/Discrimination Analysis Plan Costing Strategy Mergers and Acquisitions Mergers and Acquisitions Due Diligence Reward and Recognitions Internal Equity Reviews Employment Offers
  • 10.
  • 11. Thank You! Please call us today at 317.855.7135 to discuss your equation for total rewards. www.totalrsolutions.com

Notes de l'éditeur

  1. The top three reasons employees leave boil down to money, lack of career growth, and a feeling of not being valued. And employees will leave. In fact, research shows that employers underestimate that employees are searching for a new job by nearly 2:1. In reality, an average of 65 percent of employees are searching for a new job—a fact that can cause you time, money and interruptions in customer service and/or productivity.
  2. A special caution—when you overlook one of the parts of the equation, you eventually find yourself dealing with one – or more – of the pain points. As your business grows, if it doesn’t have a structure or system in place for those three important elements – compensation, benefits and performance management – it leaves itself open to all sorts of risks. Read list
  3. Over time, all that really results in something much more serious: a company that isn’t performing to its potential because its employee’s goals aren’t synchronized with the company’s measure of success—which eventually leads to lost customers and lost market share.
  4. We’ve developed this company specifically around providing those important elements of the equation. We have specific expertise and a proven track record in helping ensure competitive compensation packages, comprehensive benefits programs to meet a wide employee base, and systematic performance management programs that allow you and your employees to jointly manage their career development.
  5. Review tools
  6. Review chart
  7. With the right components of the equation, you can reap total rewards for both your company and your employees. Review rewards that come with effective compensation, benefits and performance management strategy.