The purpose of the Total Rewards statement is to effectively communicate the value of the Total Rewards offering – if the statement is overly complicated or too long, the message won’t get across. The Total Rewards Statement Sample – Comprehensive includes:
- Cover letter stating the purpose of the statement.
- TR data summary.
- Personal TR data.
- Additional items that don’t have a numerical value attached.
- Glossary, which can include valuation methodology.