Compensation Benchmarking: The “Total Rewards” Package:

How to ensure all of the components included in a total rewards package are part of your approach to executive compensation

The most thoughtful approach to a total compensation strategy must include addressing all of the financial anomalies in life…

  • Current Cash Pay
  • Disability
  • Premature Death
  • Retirement (Traditional & Supplemental)
  • Education Funding (self or family members)
  • Appropriate Vacation, Sick Leave, Paid Holidays – PTO
  • Appropriate Expense Reimbursement Allowances
  • Student Loan Repayment Programs
  • Supplemental Perks – Automobile Allowances, Entertainment Expenses, Etc.
  • Severance Compensation
  • Long Term Care
  • Short Term & Long Term Incentive Compensation

In this video you will learn:

How to ensure that your “Total Rewards” package for any key employee or specified group of key employees is competitive on a local, regional and national level through real time market data.    
How to respect The Value of Voice as it relates to all of the members involved in the decision making process.    
How to ensure that all of the components included in a total rewards package are part of your approach to executive compensation.    
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