Non-financial elements key to reward package
"Total reward" is a familiar phrase in the reward field, but what does it mean and how do you go about delivering it? Recent research from actuarial consultants Watson Wyatt sets out to answer these questions, and more1.
Eddie Hodgart, head of total reward consulting at Watson Wyatt, notes that definitions of total reward will be different for every organisation, but emphasises that it is more than just a statement of total remuneration.