The Higher Ed Workplace Blog

Does Your Total Rewards Strategy Need a Tune-Up?

hand with wrench-300Compensation, recognition and rewards, professional development, benefits – all are important components of a total rewards package. Done right, an organization’s total rewards strategy can be a powerful driver for recruitment and retention. When employees feel cared about and looked after by their employer, when they feel valued and appreciated, they tend to be more productive, more loyal and more engaged.

So what does your total rewards package look like? Is it in a good spot, or could it use a few tweaks? Below are several resources and readings you can use to help you rethink (or entirely rework!) your total rewards strategy.

Paying the President: Best Practices in Executive Compensation (from the Spring 2015 issue of CUPA-HR’s The Higher Education Workplace magazine)

Lessons From a Compensation Structure Overhaul

Knowledge Center Toolkits: 

CUPA-HR Salary Surveys (for benchmarking the compensation of your faculty, staff, administrators, hourly workers and more – results are now available for the 2014-15 surveys)

Recognition and Rewards
Creative Ways to Recognize and Reward Employees

Employee Awards and Recognition Toolkit in the CUPA-HR Knowledge Center

Development and Career Opportunities
The Job Family Approach to Career Development

Exploring Competencies and Creating a Development Plan to Move Up the Campus Career Ladder

Creating Your Individual Development Plan (a new e-learning course from CUPA-HR)

CUPA-HR’s Interactive Learning Framework

Knowledge Center Toolkits:

An Annual Enrollment Overhaul at University of Missouri (from the Spring 2015 issue of CUPA-HR’s The Higher Education Workplace magazine)

3 Trends in Employee Benefits in Higher Ed

Three Lessons in Benefits Consolidation

CUPA-HR’s Employee Healthcare and Other Benefits Survey (submit your data by June 2 to receive a discount on the purchase of results – this year’s data will be available in mid-June)

Knowledge Center Toolkits: