Developing a total rewards strategy post-COVID

Why your organisation should use a total rewards strategy

After almost a year of pandemic-induced disruption, businesses around Australia and New Zealand are settling into “recovery mode”. A hard lesson many businesses have learned is that a one-size-fits-all approach to business is redundant.

Benefits of a rewards and recognition strategy

Motivating a weary workforce in a post-COVID world is not an easy task and pay is no longer the only factor, calling for a total rewards approach where financial reward is just one element of a holistic package for employees.

Implementing a total rewards strategy

With this knowledge in hand, ELMO’s whitepaper can help you implement a total rewards strategy and better develop a holistic response in the following areas:

• How COVID-19 has impacted remuneration and what employers are doing in relation to their total rewards approach 
• Why developing & implementing a total rewards strategy is so important today 
• How to recognise high performers with non-monetary rewards 
• How to build a total rewards strategy: a 4-step process 
• How Pivot, an ELMO company, can help