Effective organizations continually review their total rewards programs and practices to ensure that they remain competitive in the face of dynamic labor markets and a changing economy. This study touches on strategic approaches to providing flexibility in total rewards and provides benchmarks for the prevalence of programs and practices in a wide range of total rewards areas including:
- Base pay
- Bonuses & commissions
- Incentives
- Performance management
- Development opportunities
- Health & welfare
- Time off
- Retirement
- Caring for dependents
- Culture & community
- Financial wellness
- Other benefits
Survey participants included practitioners and consultants who work on behalf of practitioners.