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Compensation should be tied to the competitive cost of labor.

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Compensation professionals can use strategic benefits offerings to boost engagement by targeting programs that enhance motivation, involvement and energy.

Hartstein said that granting various types of benefits, equity, bonuses or other compensation plans may create opportunities to also protect the organization’s interests in these areas, or make changes to existing agreements to keep up with legal changes.

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Maslow’s hierarchy of needs, we’d based a lot of compensation on that theory being a main driver of motivation.

While this isn’t exactly “compensation” or even really “benefits,” career development is emerging as a space that leaders need to consider and take seriously as they develop their approach to total rewards.

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