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Mercer 's approach

Last updated: 18 October 2007

 

TOTAL REWARDS

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Our approach to Total Rewards design and management is:

 

Total Rewards should include three components:

  • Compensation
  • Benefits, and
  • Careers

 

Organisations with successful total rewards strategies manage three components from three perspectives:

  • Employer
  • Employee, and
  • Cost

 

Set out below an outline summary of a range of some of these items, highlighting each time employer, employee and cost perspectives.