Thinking Beyond Pay: The Key to Equity and Equality in your Total Rewards Strategy

OVERVIEW

"Total Rewards" consist of both the monetary and non-monetary methods that an organization uses to compensate or pay its employees. This combination of pay, benefits, and additional means of remuneration are key drivers in motivating your workforce. As an HR Leader, you know having a strong, equitable, and equal Total Rewards strategy is imperative to employee engagement and developing a high-performing team but what is meant by “equitable and equal”? What steps can you take in HR to ensure your TR strategy meets the needs of your employees and that you achieve equity with your organization's rewards system?

In this webinar, we will explore the importance of equity and equality in total rewards strategies beyond just pay. We will discuss how to create a holistic approach to total rewards that considers employee benefits, recognition, work-life balance, and career development opportunities. By thinking beyond pay, organizations can create a more equitable and inclusive workplace that supports employee engagement and retention. We will share best practices to help you develop a total rewards strategy that aligns with your organization's values and goals. Attendees will leave with actionable insights to implement in their organization's total rewards strategy.

WHY SHOULD YOU ATTEND?

You should attend this one-hour, live interactive HR event. First, we’ll define what is meant by equity and equality about Total Rewards. We’ll also focus on methods for evaluating your current TR strategy to identify gaps and issues. Finally, we’ll discuss how to update your TR strategy for establishing equitable compensation and benefits practices."  

By attending this event, you will be equipped with the knowledge and tools needed to help transform the culture of your organization. Don't miss out on this valuable opportunity to enhance your HR expertise and make a positive impact on your workplace.

LEARNING OBJECTIVES

• Define what is meant by equity and equality in Total Rewards
• Discuss methods for evaluating your current TR strategy to identify issues and gaps
• Review how to update your TR strategy for establishing equitable compensation and benefits practices

AREAS COVERED

• Understanding the difference between equity and equality in total rewards strategies
• Importance of equity and equality in total rewards strategies
• The importance of a holistic approach to total rewards beyond just pay
• Consideration of employee benefits, recognition, work-life balance, and career development opportunities
• Creating an equitable and inclusive workplace to support employee engagement and retention
• Best practices for creating an equitable and inclusive workplace through total rewards
• Case studies of successful total rewards strategies that go beyond pay
• Actionable insights for implementing a total rewards strategy that aligns with your organization's values and goals