The six elements of total rewards include- Compensation, Benefits, Work-life effectiveness, Recognition, Performance management, Talent development.
Total rewards as a dynamic relationship between employers and employees is defined as World at work. It also defines a total rewards strategy as the six elements of total rewards which are- compensation, benefits, work-life effectiveness, recognition, talent development and performance management. These all collectively define an organization’s strategy to attract, motivate, retain and engage employees. Employee life cycle has six distinct stages at play- attraction, onboarding, recruitment, development, retention and separation.
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Complete question- World at work defines a total rewards strategy as the six elements of total rewards that collectively define an organization's strategy to attract, motivate, retain and engage employees. which of the following is not an element of this total rewards? a) benefits b) recognition c) employee life cycle d) Work-life effectiveness e) compensation
