How the Total Reward System Works

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The organizational system of total remuneration, or total rewards system, includes five elements: direct cash payments, benefits such as pension and medical programs, a performance management system, when each employee is aware of the contribution he makes to the development of the company, a system of training and professional development.

This also includes work-life balance, which is understood as satisfying the employee’s needs for self-realization.

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The effectiveness of the total reward system saudi arabia mobile database is high: thanks to it, the company does not experience difficulties in recruiting employees, and the level of staff motivation increases.

To better understand the principles of the total rewards system, let's look at specific examples of the features of the reward system.

Let's say there is a certain company where a corporate culture has developed based on standardized monetary incentives, and the employees themselves take this for granted. Employees exceed the plan, are ready to work in the evenings and on weekends, but everything is limited to direct financial incentives - public assessments and praise are not accepted in the organization, so everyone thinks only about their own interests.