A “Total Rewards” project refers to a comprehensive approach to employee compensation beyond just salary to include all aspects of compensation and benefits. This includes base salary, bonuses, benefits, perks, and non-monetary rewards such as career development opportunities, flexible work schedules, and positive work culture.

A Total Rewards strategy aims to attract, motivate, and retain high-quality employees. It’s about creating a package of rewards aligned with the needs and preferences of your workforce, as well as the strategic objectives of your business. It considers everything that employees value in their relationship with their employer.

At Compensation Works, our role in a Total Rewards project is to work collaboratively with the Alera Group sales team to design a program that meets these objectives. We leverage our deep understanding of market trends, legal requirements, and effective reward strategies to create a tailored program that is competitive, equitable, and sustainable. Whether it’s developing an attractive benefits package, designing performance-based bonuses, or creating a culture of recognition, we ensure that our clients’ Total Rewards programs are an asset to their employer brand.