VIRTUAL THINK TANK: Total Rewards, Retention Strategy, and the Employee Value Proposition

Connex Staff |

Benefits professionals are constantly working to implement thoughtful, structured packages to keep their employees engaged, promote retention, and cultivate buy-in. Another key angle is ensuring that these offerings align with larger career pathing and development initiatives to establish a cohesive value proposition. Unfortunately, cost and efficiency concerns can be barriers to building competitive programming, forcing HR leaders to think more creatively and invest in targeted offerings that reflect actual employee preferences.

This Session Will Examine:

  • Foundational Steps for Total Rewards Integration: Identifying initial steps to integrate a comprehensive total rewards strategy that aligns with employee value propositions and evolves to meet changing workforce needs.
  • Enhancing Employee Value through Total Rewards Programs: How innovative benefits and compensation strategies enhance employee engagement, satisfaction, and career growth, with real-world examples.
  • Total Rewards as an Organizational Connector: The role of a well-structured total rewards program in linking various organizational functions and its impact on overall company culture and employee relations.
  • Ethical Dimensions of Total Rewards: Addressing the ethical concerns in balancing cost-efficiency with equitable and competitive compensation and benefits, and the challenges of ensuring fairness and transparency.
  • Futureproofing the Workforce with Strategic Total Rewards: Exploring how forward-thinking total rewards approaches contribute to organizational resilience, adapt to market changes, and align with long-term business goals.

Total Rewards, Retention Strategy, and the Employee Value Proposition