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Total Rewards Inventory Checklist Easily evaluate your company’s Total Rewards program – including compensation, benefits, well-being, career development and recognition offerings.

Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: Employee Compensation;Employee Recognition ;

TR Approaches for Strengthening Workplace Respect Pay equity , benefits supporting work-life balance and well-being , equitable career development opportunities , and recognition all play a role in how respected an employee feels, Rogers said.

Tangible Recognition Finding meaningful ways to recognize employees’ work is particularly key for hourly workers who may not have access to as many benefits as their salaried colleagues, said Hannah Yardley, the chief people and culture officer at Achievers, an employee engagement and recognition company.

For WorldatWork Members Behavioral Performance Assessment: Turning the Painful into the Productive , Journal of Total Rewards article;How You Know When Your Recognition Program Is Working , Workspan Magazine article;Performance Management and Rewards , research; For Everyone Use Meaningful Feedback to Boost Employee Engagement , Workspan Daily article;Improve Performance Management with Frequent Communication and Transparency , Workspan Daily article;How to Mitigate Bias in the Performance Review Process , Workspan Daily article; Reuse Permission The chances are pretty good that your organization utilizes 360-degree feedback as a performance management tool.

Schulz noted top contributors for stress and burnout as: ;An unsustainable workload (64%);; ;Insufficient rewards/recognition for their efforts (33%); and,; ;Mismatched values and skills (25%).; “This, on top of the increasing pace of change, market volatility that they are expected to respond to, change fatigue, and pressure related to the success or failure of the organization [is causing this stress and burnout],” she said.

Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Employee Benefits; ;Employee Recognition; ;Total Rewards;

Recognize the Power of Recognition Recognition programs also can be game-changers.Yardley stated that when a rewards and recognition program is thoughtfully designed, it can not only improve employee trust but boost average employee performance by 11.1% .

Employee Compensation Employee Recognition Total Rewards Survey Results This survey reveals what companies have learned after evaluating the design and effectiveness of their performance management programs and the impact on reward programs.

.; ;40% don’t incorporate skills into rewards and recognition.; ;28% don’t incorporate skills into performance management.; “Skills create a shared language for development that drives both personal and organizational momentum,” said Lisa Stella, a partner and career practice leader at Mercer.