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The Reward Management Toolkit
book

The Reward Management Toolkit

by Michael Armstrong, Ann Chapman
January 2011
Intermediate to advanced
240 pages
5h 9m
English
Kogan Page
Content preview from The Reward Management Toolkit

Tool 03Total rewards

Introduction: the concept of total rewards

Total rewards is an approach to reward management that emphasizes the need to consider all aspects of the work experience of value to employees, not just a few such as pay and employee benefits. It aims to blend the financial and non-financial elements of reward into a cohesive whole.

The total rewards approach recognizes that it is necessary to get financial rewards (pay and benefits) right. But it also appreciates the importance of providing people with rewarding experiences that arise from the work they do, their work environment, how they are managed and the opportunity to develop their skills and careers. It contributes to the production of an employee value proposition that ...

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Publisher Resources

ISBN: 9780749461676