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Total Rewards Statements Total reward statements (TRS) are a way of showing employees the value of other elements of their rewards package, such as pensions, medical insurance, annual leave and company shares, alongside pay.

Kevin McBride is senior vice president of total rewards at Experian North America.

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Under the agreement, which could represent a watershed moment in pay equity disputes across sports, current and former players involved in the case will receive a total $22 million in back pay .

Frankly, it’s always been difficult to reduce executive performance evaluation to a formulaic assessment of profit, growth and total shareholder return.

That is about 15% less than the total of what they would pay separately (author’s calculation).

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For HR and total rewards teams, this volatility presents a challenge — and an opportunity.