A report by WorldatWork and Mercer
Total rewards is a term that has now been used by HR professionals for more than 10 years to describe the concept that several employment factors (such as compensation, benefits and worklife amenities) can be strategically applied, in unison, to deliver desired employee attraction, motivation and retention. Although the concept has been adopted in companies across a wide variety of industries and countries around the world, many organizations have chosen to define and implement it in their own way.