Total Rewards: Simplifying Annual Compensation Process Through Communications

The situation

In an effort to recruit and retain the best talent, this global food corporation needed to better communicate its Total Rewards package. Historically, base pay, incentives, benefits and recognition were all communicated separately.

Services

HR communications & total rewards

Industry

Food production and agriculture

Platform

Intranet site

Reach

60+ countries

Pivot approach

Developed overall Total Rewards framework to help employees understand the full value of their compensation. Pivot Strategies led the communications strategy to introduce the concept of Total Rewards and implement a simplified annual compensation process.

Key tactics

Developed a communications plan and revised that plan based on changes resulting
from COVID-19
Developed communications for leaders, managers and employees to support the compensation process and integrate compensation and performance
Created new resources to help managers make pay decisions and effectively communicate those decisions to employees
Designed a new Compensation Statement that shows employees the value of their rewards and reflects compensation differences and requirements in 60+ countries