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Infographic

Infographic: Align Total Rewards with new work priorities

Future of Work|Talent|Total Rewards
COVID 19 Coronavirus

July 30, 2020

As work priorities and new ways of working evolve during COVID-19, organizations can boost productivity through high-impact Total Rewards.
As work priorities and new ways of working evolve during COVID-19, organizations can boost productivity through high-impact Total Rewards.

Differentiate rewards for at-risk and essential workers
Employers that identified segments of workforce for targeted actions

Role Criteria:

  • 85% Requires physical presence and interaction
  • 62% Generally recognized as essential (e.g., public services, food production)
  • 46% Impacts organization’s COVID-19 response to keeping others safe
  • 30% Critical-skill employees
  • 13% High-potential employees (prior to crisis)

Identify opportunities to make an impact
Less than half of employers say key programs are well aligned to new work priorities:

  • 43% Recognition programs
  • 43% Learning and development
  • 36% Manager development
  • 29% Career pathing and planning

Realize sustainable improvements in productivity
Those reporting a productivity boost are more likely to have aligned the following programs with work priorities:

  • 25% Recognition programs
  • 23% Manager development
  • 22% Inclusion and diversity
  • 16% Leadership competencies
  • 12% Career pathing and planning

How to realign Total Rewards to support your new work priorities:
Employers who have increased employee listening efforts are:

  • Determine how work priorities need to shift as you prepare to operate during and post-crisis under new assumptions
  • Assess how well current programs support changing work priorities and identify areas to improve alignment
  • Redesign targeted programs to improve alignment with new ways of working and work priorities
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