Pay Transparency: The Why and How for HR Pros

"Total Rewards" consist of both the monetary and non-monetary methods which an organization uses to compensate or pay its employees. This combination of pay, benefits, and additional means of remuneration are key drivers in motivating your workforce. As an HR Leader, you know having a strong, equitable, and equal Total Rewards strategy is imperative to employee engagement and developing a high-performing team but what is meant by “equitable and equal”? What steps can you take in HR to ensure your TR strategy meets the needs of your employees and that you achieve equity with your organization's rewards system?

In this webinar, we will explore the importance of equity and equality in total rewards strategies beyond just pay. We will discuss how to create a holistic approach to total rewards that considers employee benefits, recognition, work-life balance, and career development opportunities. By thinking beyond pay, organizations can create a more equitable and inclusive workplace that supports employee engagement and retention. We will share best practices to help you develop a total rewards strategy that aligns with your organization's values and goals. Attendees will leave with actionable insights to implement in their organization's total rewards strategy.

You should attend this one-hour, live interactive HR event. First, we’ll define what is meant by equity and equality in relation to Total Rewards. We’ll also focus on methods for evaluating your current TR strategy to identify gaps and issues. Finally, we’ll discuss how to update your TR strategy for establishing equitable compensation and benefits practices."  

By attending this event, you will be equipped with the knowledge and tools needed to help transform the culture of your organization. Don't miss out on this valuable opportunity to enhance your HR expertise and make a positive impact on your workplace.

• Define what is meant by equity and equality in relation to Total Rewards
• Discuss methods for evaluating your current TR strategy to identify issues and gaps
• Review how to update your TR strategy for establishing equitable compensation and benefits practices

• Understanding the difference between equity and equality in total rewards strategies
• Importance of equity and equality in total rewards strategies
• The importance of a holistic approach to total rewards beyond just pay
• Consideration of employee benefits, recognition, work-life balance, and career development opportunities
• Creating an equitable and inclusive workplace to support employee engagement and retention
• Best practices for creating an equitable and inclusive workplace through total rewards
• Case studies of successful total rewards strategies that go beyond pay
• Actionable insights for implementing a total rewards strategy that aligns with your organization's values and goals

In the realm of human resources and organizational development, the concept of total rewards extends far beyond traditional compensation structures. By recognizing and valuing diverse contributions, organizations can foster an inclusive environment that goes beyond financial remuneration. By encouraging organizations to broaden their perspective and consider the various elements that contribute to employee satisfaction and engagement, this topic guides HR professionals and leaders toward creating a workplace where everyone feels valued and empowered. Ultimately, thinking beyond pay becomes a catalyst for building a fair, equitable, and harmonious work environment that supports the well-being and success of all employees.