Total rewards include benefits, compensation, and rewards that employees receive from their company. A good strategy helps companies attract top talent and support the diverse needs of current employees. An effective total rewards package should include eight core components:

  1. Compensation
  2. Benefits
  3. Wellbeing
  4. Leadership Effectiveness and Support
  5. Community Impact
  6. Work Environment and Resources
  7. Learning and Development
  8. Diversity, Equity, and Inclusion
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