#Rewards Strategy

[hrblusky]

Introducing A Total Rewards Strategy 

What are the benefits of introducing a Total Rewards strategy? 

A well-thought-out strategy to rewards and recognition provides organizations with several benefits: 

Employee Engagement 

Recognizing and rewarding employees drives morale, maintains employee motivation and increases engagement. 

Cost-Effective Motivation 

Many benefits and rewards can be provided at little or no cost. Recognizing employees by giving them increased responsibility or involving them in more engaging projects can significantly increase engagement and motivation. 

Business Brand 

People looking for employment are attracted to organizations that provide a comprehensive and well thought out rewards and recognition package. Employee word of mouth about your organization also helps attract desired talent and makes your organization an employer of choice. 

Reduced Turnover 

An organization with engaged and motivated employees has been shown to lower turnover, which reduces the cost of hiring and developing new employees. 

is a Total Rewards strategy? 

A total rewards strategy connects compensation and benefits and provides a range of rewards to employees who achieve defined business goals. Put simply, the strategy defines salary, benefits, and intangible rewards designed to attract, motivate and retain the best performing employees. 

What elements should be included? 

A Total Rewards strategy typically encompasses five key elements: Salary/Compensation, Benefits, Professional Development, Reward and Recognition, and Work-life balance. 

1. Salary/Compensation 

Compensation refers to the money earned by the employee. It consists of a base salary or hourly wage, any incentive pays for overtime and holidays, bonuses earned and commissions, and sales and service tips. In some companies, it also includes bonuses and some form of profit sharing. An employee’s compensation varies based on job title, required level of education, experience, and responsibility level. 

2. Benefits 

Benefits are those things that fall beyond the standard compensation. They can include a variety of mandatory elements and some that are optional on the part of the employer. Examples of mandatory benefits in the UAE include health insurance, annual flight tickets for expatriates, Emirati pension programmer, and end of service benefits. Optional benefits can consist of pension programmed, life insurance plans, education packages for dependent children, reductions in product and service costs via loyalty cards or percentage discounts for selected goods and services, free or subsidized food provision, and gym memberships. Mandatory benefits are based on regulations in the country in which the employee is based. So, organizations with an international workforce may have to devise multiple benefits packages and policies. 

3. Professional Development 

Professional development includes elements such as graduate tuition reimbursement, payment of accredited body memberships, funding for access to developmental courses, or access to international conferences, for example. 

Another typical developmental benefit is access to a mentor to guide and advise. If mentoring is managed as a professional model with support across the company, it can provide a valuable development opportunity. 

Some organizations provide access to lunchtime development sessions, often known as “brown bag,” sessions since employees are encouraged to bring their lunch and treat the opportunity as an informal learning event. 

Another common professional development option provided in many organizations is free access to a wide range of online course content for self-development, either via an internal learning management system or via a funded internet subscription to a third-party resource such as LinkedIn Learning or Coursera, for example. In some cases, access is extended to family members also. 

4. Reward and Recognition 

Usually, recognition within a total rewards strategy is a formal programmed or process for identifying and rewarding high performance. These recognition programmers typically provide a tangible reward such as a plaque, gift, or certificate and can come with titles such as “Employee of the Month”. 

Some companies provide branded gifts to increase the sense of company loyalty and often supplement; for example, a branded coffee mug may have a gift card included for a coffee chain. There are companies set up to help organizations provide personalized and branded gifts, and they offer additional services such as engraving of items purchased to provide a level of personalization. 

Often recognition includes publicizing the achievement in a company newsletter, via a news release or on the company’s website. Publishing achievements not only act as a reward for the individual but as a motivator for colleagues. 

Examples of group recognition can include funded team lunches and company or departmental parties around holiday times. 

5. Work/Life Balance 

Providing employees with options to support their work/life balance varies considerably between companies. Elements may include something as basic as offering flexible working hours or providing in-house yoga sessions. At a more advanced level, this area of reward includes child-care services in the form of a creche or arrangement with a third party, participation in community service initiatives such as “Clean the Beach”, or even overseas volunteer programmed such as building a school in an impoverished country. Increasing support for work/life balance includes access to mental health support. 

What steps can you take to set up a Total Rewards strategy? 

Setting up a Total Rewards strategy involves three basic steps: 

1. Understand your current benefits and awards environment 

It is critical that you know what your organization currently does and what is affordable and practical given your employee demographics and operating environment. 

2. Understand the market 

You need to research what competitors in the market are doing in compensation and benefits if you are to stand out from the crowd and position your organization appropriately. This benchmarking is typically repeated annually to ensure the organization's remuneration and benefits policies remain competitive.  You also need to take a global perspective if you have employees based overseas and need to understand what your employees value and appreciate if you are to structure an all-encompassing approach. 

3. Create your Total Rewards strategy and market as the employee value proposition (EVP) 

The employee value proposition (EVP) is what attracts employees and is often why employees stay engaged with an organization. The Total Rewards can be incorporated into individual statements that are personalized to define the rewards applicable to each employee. Alongside the private personalized statements, it is critical that organizations make the common Total Rewards strategy transparent and available to all employees. 

Creating a Total Rewards strategy allows organizations to have a clear and unambiguous set of policies and processes that connect compensation, benefits and employee performance, and support the organization in cost management, brand promotion, and engaging and retaining employees. 

Contact us at HRBluSky today to explore how we can support your approach to compensation and benefits. 

[qqueenofhades]

I'm sure it's only a coincidence that a few days after Putin says Biden "needs to be undermined from the left" to help Trump win, noted Russian agent Jill Stein, who the Kremlin already extensively promoted in 2016 in the successful effort to hurt HRC, and who already endorsed fellow pro-Russian tankie Cornel West, jumps back into the 2024 race as the "Green Party candidate" talking about how "the two-party system has failed us."

For the love of fuck, let's not do this again.

[satureja13]

Since two of them always have to be on duty at the bridge and the other two are currently sleeping, it's upon Jack and Kiyoshi again to help the Grim Reaper out.

They had to host a social event and since they couldn't invite anyone to the ship and the others are not available, they ended up with a date. So they went over to the crew mess to eat together. And found another sad location. The empty chairs of B.D's kids (B.D's full name is 'Black Diamond', just in case you wonder about the name in the tooltip in the pic below ^^') and the cereal squares he made for them.

This was breaking their hearts again and they had to leave to eat. (They really did this. Grabbed their plates and left.)

A sad date that was. Because they chose to sit right next to the kids abandoned playground... But Jack wouldn't be Jack if he weren't able to change the gloomy mood with his never-failing puppy energy. (I don't remember if I ever saw Kiyoshi laughing? Looks so cute <3 )

Jack just can't see his mate sad. And so he dragged him over to Moogie's. Upstairs, to the bar's gaming room. Because the event plan wanted them to play games... It was impossible to be gloomy in a bright room like this ^^' And so their evening - or whatever time of the 'day' it was in this endless darkness the ship was floating through - got significantly better.

Time for the Ambrosia Society Newsletter. There is no mailman in space and it took them a while to find their mail on this giant ship. It was in the Security Office. Probably to make sure there weren't any threats hidden inside the letters and parcels ö.ö A very cool workplace for Jack and Jeb who are also designated as security officers. There are even brigs! Guarded by fancy force fields! Jack: "Awesome! I wonder if we are ever going to contain anyone here?" Kiyoshi, who doesn't even want to think about anyone trying to harm his mate or his friends here: "Hopefully not! ö.ö "

The Romantium was already looping through the ship's air circulation. And a super huge AC was installed in the security office, right next to Jack and Kiyoshi. Blowing out the irresistable and intoxicating particles that makes one want only one thing - to be as close as possible to your loved one... And so Jack moved closer to Kiyoshi and Kiyoshi closer to Jack. Each of them looking at the others plump and totally kissable lips. The sweet and promising lips they'd already tasted before. Far, far too long ago... And right behind Kiyoshi was the latest box from 'Ye Olde Magick Shoppe'. With all the spicy toys for lovers. Demanding to be unboxed by curious couples to bring them joy and bliss...

But Jack and Kiyoshi aren't a curious couple! They are mates, just mates! It was almost impossible to resist the Romantium. But they remembered how bad they felt after woohooing - twice... They love each other too much to bring even more misery among them. Kiyoshi: "What are we supposed to do now?" Jack: "I don't know! I - I'm not ready for more!"

After a while. Vlad: "Are you sober again? Can I let you out? I need to start my duty on the bridge..." Jack: "Sure. Thanks, pal." Vlad just sighed, opened the force fields of the brigs Jack and Kiyoshi had locked themselves in to keep their distance, and left. What is this now again? ...

Jack and Kiyoshi cooled down enough to manage the last quest for the Grim Reaper (until the event broke again -.-) Make Ambrosia! Jack decided the fridge in the crew mess wasn't fancy enough for this special meal, so he went upstairs to fetch the ingredients from the captain's quarters... (Really. More in a future post ^^')

Jack and Kiyoshi are utterly in awe with this futuristic kitchen! They've never seen anything like this before.

Tadaaa! Well done, Boys!

I don't know if we are going to continue this event, should it be fixed. There are only three rewards left (two potions and a Death Flower, if I remember right) so we could just skip it.

From the Beginning 🔱 Underwater Love 🔱 Latest

Current Chapter: starts ▶️ here Last Chapter: 'Here comes the Sun' from the beginning ▶️ here

📚 Previous Chapters: Chapters: 1-6 ~ 7-12 ~ 13-16 ~ 23-29

[rhodes-knightwife]

I have killed... SO MANY fish...

...that's a lie, the fish killed me. A whole lot.

[powdermelonkeg]

Beat the first half (I assume it's half) of Inscryption. It took me about 7 hours, even knowing what things did and where powerups were (watched a few Markiplier videos before deciding I wanted to play myself).

Talked my roommate (@too-many-blorbos) into trying the game. She beat the first half in 2ish hours.

She did not die once on the final boss.

Also a fun fact, where it took me ~12 tries to beat Ganondorf in TotK, WITH my best gear, she ALSO beat him in one go. Without flurry rushing because she hated the timing of it.

My roommate's gaming skills are cracked.

[poorly-drawn-mdzs]

What markers do you use and what kind paper? The textures are so Delicious

Very basic paper, actually! I find I overthink when using expensive stuff and it makes my sketches worse.

As for markers, I use Copics! Not that this is an endorsement (my first set were a very nice gift), but I have really liked using alcohol based markers over water based ones; lovely texture, good blending, and less streaking. However, the price can be *brutal*, and you can very easily get by with other markers + pencil crayons.

[vampirehizzies]

free me from that nonsense about glimmer being jealous about cato/clove that i have to endure with some of your fics. like babes she would literally be the most supportive best friend and super annoying about teasing them/plotting to get them together. yall are just not on my level because a) in the context of actual serious canon she does not give a fuck, she just wanted to not die, and b) in an unserious context or in an modern au she literally would be so nice to them and genuinely want them to be happy?

[womanfredvonkarma]

I hate being called a perfectionist because it builds up this idea of someone with a work ethic and rigurous self-discipline when I'm... not. It happened after my 100% score on an oral exam, and I sort of accepted it because to admit that I got by because I'm lucky to have a good memory and be able to understand and remember the subject just by paying attention in class some of the time and cramming for 24 hours would be disrespectful to both the professor and her subject. And this isn't to humblebrag about my memory; while I won't be falsely modest and deny I'm proud of my relative ease with academics, I genuinely wish so badly I could work steadily and constantly towards a goal instead of relying on wits and adrenaline at the last possible second—most of all because it doesn't work all of the time; I failed an exam recently because I couldn't get off the computer.

[piratecaptainscaptainpirates]

Struggling with motivation to write tonight as well as the Writer's Burden (that's what I call that mindset that sneaks up on you every so often where you're like oh fuck everything I write is shit gddamn). If anyone wants to come into my inbox to talk about my wips or older fics or the writing process or whatever I'm around!

[fogaminghub]

🌈✨ Ready for a new adventure in Infinity Nikki? Our Infinity Nikki Quest Guide is here to help you unlock the magical Coming-of-Age Ceremony quest! 🎁 Learn how to navigate your journey and reap fantastic rewards! Dive in! 

[nonokoko13]

If the devs don't take advantage of this chance and release New Year Malleus SSR at the end of 2024, I will blacklist them alongside with the senate.

[arcadian-vampire]

Trying to memorize things when you have the memory of a goldfish that's been dropped on the sidewalk is just like [takes notes] [takes notes] [takes notes] [takes notes] [takes notes] [takes notes] [takes notes] [takes notes]

[fucking forgets anyway]

[despertara]

Irene bro if you see this I want you to know I've been podcasting (talking loudly and emphatically to myself) abt that Grammy Gun post for Hours. I started ranting in the rb tags and then I got so mad I started a spreadsheet on my phone Yes I have the Excel app. No I did not finish my tags

[me-beef]

@im-ashl downloaded the wilting y romhack onto our 3ds for me and im having a BLAST

here's my team so far, I LOOOVE having so many pokemon available to catch

also you would not BELIEVE the difference it makes for gym leaders to use a full team of mildly strategically built pokemon. i rolled up expecting to just button mash my way through like normal and viola ROFLSTOMPED me

[presidentkamala]

Well another day of waking up eating a balanced breakfast and taking my #mealprepped lunch into work and then swinging by the rockclimbing gym afterwards and then coming home and eating an entire loaf of brioche.

[nonuggetshere]

Norel vs WL. who shall win

Mentally ill rat vs God

I love Norel but there's no way that pathetic little wet tissue is winning this one, he's gonna fold like origami papper. The only reason he's as dangerous as he is is because he's an influential political figure with the backing of an entire kingdom, its army and personal criminal ties. Only reason he's able to overpower gods in this story (well, canonically only one fledgling god, but there are different flavours of AU I made for fun) is by setting traps and by literally throwing an entire army against them, the only reason he still lives and keeps getting away with this shit is because he's not in the main line of fire when something inevitably goes wrong, it's the people he has working for him that are ripped to shreds and not him. The two only AUs where he does manage to capture her was done through magical traps and use of void to significantly weaken her to the brink of death.

1 on 1 though? That cunt's folding like a lawn chair. The second he's in a room with any of the vessels (that can fight and aren't Whisper) he's dead dead.