Rethinking total reward strategies - Deepstash
  • Employee groups are becoming heterogeneous. 
  • Standard blanket homogenous rewards and benefit offerings are no longer ideal for employees.
  • Employees have started to prefer organisations that offer a basket of reward options based on their individual preferences. 
  • This includes offerings that support their healthcare, lifestyle, wellbeing, learning priorities such as gym memberships, cafeteria options, skill addition opportunities etc.

 

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  • Am I aligning rewards offerings with organisational purposes?
  • Am I accounting for post-covid remote working realities where lines between work and home are blurred?

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Collect Data -> Analyse Data -> Creatively customise the offerings -> Communicate new offerings -> Implement wisely -> Monitor and evolve. 

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