Total Reward Statements

Communicating total reward schemes to increase employee engagement

Research* has shown that employees don’t appreciate their reward and compensation packages. And it’s all down to the failure of employers to successfully communicate the overall value of their employees’ benefits: their total reward.

Vebnet’s technology enables you to keep employees updated on their packages’ total value – and in a way that is consistent with your employment brand and HR objectives. That may mean detailed breakdowns of rewards: separate entries, for example, for final salary pensions and holiday entitlement. Or you may prefer summaries that combine the value of two or more benefits. It depends on your priorities: simplicity, an emphasis on value – or somewhere in between.

As experts in this field, we can advise you on how to structure and lay out your total reward statements – and on how frequently you’d like them generated. To help you build awareness, we could even give your employees real-time access to daily updates.

Most importantly, you can count on us to take care of the technology that makes all this happen – helping you concentrate on what matters most: making sure the content meets your employees’ needs.

To find out more, contact us.

*Total Reward Survey 2009 by Human Resources magazine and Vebnet.