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Total Compensation Statements – Best Practices

Posted by Spitfire Communications on Jan 20, 2022 10:00:00 AM

Organizations who are committed to staying competitive in today’s talent market should consider a compensation communication strategies in 2022.

And while HR has been busy with a bottomless list of issues the last two years, compensation strategy is surging in importance for most employers — as they determine how to compete for and retain top talent in the current and future economy. 

Implementing a winning total compensation strategy starts with clear, concise employee communications. Keep reading to learn the best practices for communicating your total compensation statements to your employees. 

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Tags: Employee Communications, HR Communications, Employee Engagement, Open Enrollment, Human Resources, internal communications, communication strategy, Employee Marketing, total compensation, total rewards, wellness, 2022

Communicating Total Compensation

Posted by Spitfire Communications on Jan 19, 2021 10:00:00 AM

From recruiting and hiring to onboarding, benefits management, employee relations and more, the traditional components of the HR infrastructure have been dismantled by Covid-19. And as organizations think about what happens next, a redesigned approach to compensation communications will be a crucial part of year-end planning.

With unprecedented numbers of employees working remotely and limited plans to return to in-person work, dynamic compensation communication strategies that are inclusive to all employees across a patchwork of geographic locations and circumstances will be essential.

In a time of overwhelming economic uncertainty, having a deliberate and comprehensive compensation communications plan could make the difference between your employees feeling financially secure or left out in the dark.

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Tags: HR Communications, Employee Engagement, communication strategy, total rewards, benefit package, compensation statement

Total Compensation Statement – Personalize It!

Posted by Spitfire Communications on Jan 31, 2019 10:20:00 AM
TCSPersonalize_Hubspot Blog_FeaturedImage-1

While Open Enrollment is the perfect opportunity to provide an overview of benefits, it’s also important to reinforce just how much value there is to all the benefits your company offers! Salary may be the big-ticket item, but there are other, often overlooked, components that add to an employee’s overall income.

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Tags: internal communications, communication strategy, Employee Marketing, total rewards, 2019, compensation statement

Communicating Value

Posted by Jessica Palazzo on Dec 21, 2017 2:24:00 PM

"Our employees just don’t understand the value of their benefits," this is a common complaint from employers and those tagged with managing benefits. This is scary since benefits make up approximately 30% - 40% of an average employee’s compensation. 

There are many great ways to promote your benefits program and increase employee engagement. But, total compensation, or total reward statements may be at the top of our list when it comes to educating employees about their  compensation above and beyond their base salary.

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Tags: Employee Communications, Employee Engagement, Employee Marketing, total compensation, total rewards, benefit package

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Spitfire’s very own blog, where we’ll shed light on best practices, insights, and experiences in the field of employee communications

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Companies are communicating to recruits, employees and retirees of all ages and backgrounds. Because these people are in different stages of life and don’t always seek out, react to or retain information the same way, one size does not fit all.

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