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Total Rewards Approach

A Total Rewards Approach is a comprehensive strategy businesses use to attract, motivate, and retain employees. It includes not just salary, but all the benefits and perks, such as health insurance, retirement plans, bonuses, work-life balance, and recognition. By considering the full picture, companies aim to create a positive work environment that meets employees’ needs and encourages their engagement and loyalty. This approach recognizes that job satisfaction comes from more than just pay—it encompasses all the rewards and support an organization provides.