Total Rewards Model

The Total Rewards Model is a comprehensive approach employers use to attract, motivate, and retain employees by offering a combination of compensation and benefits. It includes not just paycheck and bonuses but also intangible factors like recognition, work-life balance, career development opportunities, and a positive work environment. Together, these elements create a package that meets employees' financial and personal needs, fostering engagement and satisfaction. The goal is to provide a balanced set of rewards that align with both organizational objectives and individual aspirations.