Total rewards statements promote attraction, retention

Smolkin, Sheryl
August 2007
Employee Benefit News;Aug2007, Vol. 21 Issue 10, p38
The article focuses on total rewards statements which are a powerful way of conveying the company's value proposition to the current workforce and potential recruits. Electronic total rewards statements can be accessed 24/7 at work or from home, intuitive modelling tools and future projections can be incorporated and statement information can be updated more frequently. Total rewards statements include information about wages, retirement values and insurance plans.


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