• 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.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

© 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.