Communicating Total Reward

Reflect the true value of your employee's reward including salary, benefits, tax and State benefit information.

Many organisations understand the sense in showing employees the full value of their reward package. Rather than focus on base salary only, a view of total reward provides the best way of giving each employee a true reflection of their total pay package, vital for those companies seeking to maximise their return on investment in non-salary benefits.

To date, most total reward systems display the value of salary and benefits as a combined sum. Redbourne has developed advanced and unique functionality that provides each employee with this information along with additional information about their State benefits and, if our payroll solution is also in place, personal tax information too.

By providing employees with personalised and valuable information about their tax and State benefits, you will deliver a more informative and an holistic view of an employee's situation helping to empower them to understand their position better, differentiating you from other potential employers. With this approach, combined with other employee-focussed initiatives, you will generate improved levels of engagement and provide more support to your employees.

Adopting a total reward approach is particularly relevant to any organisation considering the implementation of flexible benefits and/or salary sacrifice arrangements. Improved levels of employee communication and understanding of benefits will provide a better environment in to which more sophisticated packages can be introduced.

For more information, please contact us.