Brightmine guide: Beyond base pay – ensuring equality within the total reward offering
Total reward extends the definition of the rewards of employment beyond remuneration or compensation and benefits alone, into a more all-encompassing expression of the factors that, in combination, cause employees to join, remain and deliver high performance in any given organisational setting.
The total reward concept embraces tangible rewards of base and variable pay and benefits alongside the more intangible aspects of the working environment, such as personal growth and the value added through learning and development, as well as the sense of engagement that is created through identification with the organisation’s culture and values.
It follows that equality goes beyond basic pay and organisations should look to total reward and analysing changes throughout the employee lifecycle to ensure equality and fairness are at the heart of everything they do.
This guide looks at three aspects of the total reward offering where organisations need to monitor for equality:
1. Employee benefits
2. Bonus
3. Promotion and development
In partnership with Brightmine (FKA XpertHR)
Brightmine is a leading, global provider of people data, analytics and insight.
