Total Rewards vs. Total Compensation

When attracting or retaining talent, salary is often the first factor employees consider. But savvy organizations know that focusing solely on base pay misses the broader picture of what employees truly value. Understanding the difference between total rewards and total compensation is key to crafting an appealing offer that engages both prospective and current employees, especially in competitive markets or industries with tighter budgets.

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Total Rewards vs. Total Compensation

Explaining total rewards vs. total compensation to prospective and current employees can be challenging. Learn top ways to educate employees.