What external influences affect total rewards system

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Reference no: EM132241751

Total rewards, originally introduced in 2000, has evolved to depict the strategic elements of the employer- employee exchange as well as to reflect how external influences and an increasingly global business environment affect attraction, motivation, retention and engagement.

1. Describe the elements to a competitive and desirable total rewards system.

2. How will this concept assist a company to achieve their strategic goals?

3. Discuss the perspectives and the challenges of balancing a global workforce.

4. What generational considerations need to be addressed in 2016?

5. What external influences affect a Total Rewards system?

Reference no: EM132241751

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