When creating, implementing, and refining a total rewards strategy, one of the most critical inputs is employee needs. Yet, these needs are almost always overlooked during the decision-making process. Much of this disconnect results from an organization’s lack of understanding of the needs and preferences of employees.
To complicate matters, the value that employees place on rewards often does not directly align with the amount being invested by the organization, causing the company to overinvest in some areas and a missed opportunity to create value in other areas.
Mercer Rewards Optimizer™ is the key to unlocking the power of your total rewards programs by helping you to prioritize investments and deliver on the things that the workforce wants and needs. Total rewards optimization will result in increased employee satisfaction, reduced wasted cost, and a better measurement of ROI, ultimately leading to better attraction, retention, and employee engagement.
Are you ready to see what Mercer Rewards OptimizerTM can do for you?