- 74 percent of most-admired companies claim their employees understand their rewards consist of tangible and intangible components, compared with 61 percent of peer companies.
- 79 percent of most-admired companies regularly provide total rewards statements, compared with 53 percent of peer group respondents.
- 28 percent of most-admired firms state that line managers utilize financial and non-financial recognition programs, compared with 16 percent of their peers.
- 41 percent of most-admired companies believe their rewards program is internally fair, compared with 27 percent of their peers.
Source: Hay Group
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.