Reward advisory
Total Reward Statements
Help employees understand the complete value of their reward package.
Total reward statements can bring together pay, benefits, incentives and employer investment in a clear, personal view.
Reward Associates helps define content, data, governance and communication so statements are accurate, useful and aligned with the employee proposition.
Our support
- Statement strategy and purpose
- Reward component definition
- Data mapping and validation
- Content and information design
- Provider and platform requirements
- Governance and ownership
- Personalisation
- Launch communication
- Manager guidance
- Ongoing maintenance
Make the statement credible
- Which reward elements to include
- Data accuracy and timing
- Valuation approach
- Employee language and accessibility
- Privacy and security
- Digital and printable formats
- Update frequency and ownership
Our approach
Understand
Clarify business strategy, workforce priorities, current arrangements and the case for change.
Analyse
Review evidence, data, market practice, employee outcomes, cost and risk.
Design
Develop practical options and test their impact with key stakeholders.
Implement
Translate the agreed approach into clear frameworks, governance, communication and action.
Typical outcomes
- Improved employee understanding
- Greater visibility of employer investment
- More consistent reward communication
- Clear data and governance requirements
- A sustainable statement process
Related expertise
Discuss total reward statements
Reward Associates can provide independent, senior-led support from initial diagnosis through design and implementation.