How Total Rewards Shapes Engagement and Retention
For three years running, CEOs and CHROs have rated employee attraction and retention as a top internal priority. How can employers optimize their total rewards programs to attract top talent while meeting business goals? Join Steve Odland and guest Rita Meyerson, EdD, principal researcher for human capital at The Conference Board, to discover the many elements of total rewards, why employee recognition can enhance engagement, and how leaders should think about total rewards strategy. (00:45) Defining Total Rewards (01:35) Components of Total Rewards (02:07) Importance of Attraction and Retention (05:50) Role of Flexibility in Total Rewards (09:14) Recognition as a Key Reward (15:20) Integrating Culture with Total Rewards (20:00) Diversity and Changing Workforce Needs (25:47) Leadership's Role in Total Rewards For more from The Conference Board: The Paramount Value of Total Rewards: Forward Strategies for CEOs and CHROs The Evolving Total Rewards Landscape: Tactics to Attract and Retain Talent US Salary Increase Budgets 2024-2025