Creating a Total Rewards Strategy Infographic

Success lies in co-creating a compelling and effective total rewards strategy. Mercer’s four-phase approach to developing a total rewards strategy is flexible, scales based on your needs and is sustainable for your resources, capabilities and the work your team has already done.

Download Mercer’s “Creating a total rewards strategy” infographic to: 

• Lead with listening – Design an employee value proposition (EVP) that people care about, first start by listening to your customers — your employees — to understand their unique needs and preferences.
• Get to the heart of the issue – Take a holistic view of total rewards that incorporates broader elements of work experience, including career management, work design wellbeing and more, rather than only focusing in on compensation and benefits programs.
• Identify where you want to shine – Link your total rewards and talent strategies together to identify specific areas where you want to differentiate yourself.
• Engage for impact – Invest in portal technology that gives employees mobile-enabled access and personalized tools for accessing their total rewards information in one place — a digital front door.

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