Total rewards optimization: A new approach for today and the future
March 14 | 2 p.m. ET | 18:00 GMT
Host: Burt Rea, managing director, Deloitte Consulting LLP
1 Overview CPE credit | Specialized Knowledge
Companies spend significantly on employee total rewards packages, yet often waste a material portion on things employees do not value. How can adopting an agile approach to rewards management help your organization invest effectively for near-term and future workforce needs? We'll discuss:
- How rewards optimization can add data-driven insight to strengthen your total rewards strategy.
- Going beyond external surveys to understand what your employees value most from your rewards programs.
- Identifying where dollars are being overinvested in underappreciated rewards, and opportunities where preferences can be accommodated more efficiently.
Participants will explore how more effective allocation of rewards investment based on employees' preferences can provide cost savings and increase employee engagement.