Why us ?
Organisations have competed for talent on levels of base salary, incentive compensation and benefits. This was the old model of total reward.
The post dot-com, millennial, world has seen total reward expand to include other factors, including:
- the working environment
- dress code
- degree of flexible working
- focus on development
- attitudes towards diversity and inclusion
- programs that focus on social responsibility
How much choice is given in tailoring the package is also a consideration.
Designing an employee value proposition requires careful thought and ideally should be undertaken working with the organisation’s communication advisor to ensure the external messaging and internal reality are understood and consistent.
It is key to successfully competing for talent and to retaining talent.