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Total Reward Statements
One of the most common things we hear from clients is that their employees don’t understand or value their total reward package. When you consider the scale of the investment that employers make towards salary, incentives, benefits, perquisites, learning and development, there is a very strong case for employers to ensure this is communicated in a way that is personally relevant to each employee.
Total Reward Statements are a cost effective and straight-forward way to communicate the value of your total reward in a personalised way. A Total Reward Statement essentially helps organisations to communicate the value of all reward elements in a personalised communication. This not only includes cost-associated benefits and pay, but can also include learning, development, PTO, perquisites and allowances.
The benefits of doing this are far reaching, from increased employee engagement and take up, to staff retention and morale. We offer a consultancy service specifically designed to help you communicate why you're such a great company to work for.
We can help you to deliver this message through a comprehensive range of solutions, including:
- Cost effective, standardised paper total reward statements (including a choice of 4 or 8 page statement), which can incorporate your branding and corporate messaging as well as your specific reward items
- Bespoke total reward statements completely tailored to your needs
- Online total reward statements through our benefits technology platform - with options to refresh the data annually, quarterly or even monthly.
Find out how our total reward solutions can invigorate your benefits package today, by contacting us at [email protected] or speak to one of our consultants on +353 1 266 6000.
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Employee Mindset Study
Aon’s Employee Mindset Study explores the preferences and attitudes of Irish employees, towards total rewards, employee benefits and financial wellbeing and how well their employers are meeting their expectations in this respect. Read more.