Compensation professionals are now finding greater importance when it comes to compensation communications, according to a new study, The Evolving Compensation Function, by WorldatWork initiated by the Compensation Advisory Council.
In fact, roughly half of respondents say they expect to spend more time on effectively communicating the total rewards value to employees, particularly those who are line managers. While fewer than one in three respondents say they can strongly focus on compensation communications, 32 percent of respondent say they intend to use more channels of digital communications to improve compensation communications.
Based on a separate study, the WorldatWork 2012 Total Rewards Professionals' Census: What Differentiates Top Performers, communicating and connecting is one of the eight key differentiators among top performers in the total rewards professions; however, communication is not a development concern for rewards professionals.
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