Description
"Key Attributes" Please respond to the following:
- Discuss the key attributes of total rewards programs and how each contributes to employee performance. Outline a strategy for integrating all of these attributes into an organization’s overall approach to total rewards and provide a rationale.
Explanation & Answer
Attached.
Running Head: TOTAL REWARD PROGRAM
Total Reward Program
Name
Instructor
Institutional Affiliation
Date
1
2
TOTAL REWARD PROGRAM
Discuss the key attributes of total rewards programs and how each contributes to employee
performance. Outline a strategy for integrating all of these attributes into an organization’s
overall approach to total rewards and provide a rationale.
Discussion
The total reward program is a reward strategy used by many organizations to reward their
employees in a bid to attract, retain, motivate, and engage their employees. It is an important
compensation strategy used by many organizations since it delivers employee attraction,
retention, motivation and employee engagement which ultimately result in high employee loyalty
to the organization (Armstrong & Taylor, 2014). It is important to understand that employee
compensation is a vital aspect of the organization in the sense that organizations that have
effective compensation strategies can achieve a high level of employee loyalty that results in the
overall organizational success. Employee productivity is influenced ...
