Total Reward Statements (TRS)
Did you know that 8 out of 10 employees underestimate the value of their total reward package by as much as 30%?
OneHub | TRS
We bring you real-time Total Reward Statements. TRS are a fantastic way of reminding employees exactly how much you are investing in them, and what they get as a result. We create fully-tailored TRS which work online, on paper, or both! A TRS will show your employees what you do for them and can show them the bigger picture rather than just their take-home pay. This improved understanding of your offering helps you to showcase your employee experience!
Show your employees exactly what they are getting from your benefits scheme.
OneHub | TRS can help you...
Be more transparent
Attract the best talent
Retain your people
An essential part of your EVP
Typically, total reward statements comprise four main components: pay, benefits, learning and development, and the work environment.
With a single view of their individual total reward, employees know instantly and in real-time how much the organisation truly values them. Plus, it helps employees to understand how their total remuneration changes over a period of time.
A well-designed, well-executed total rewards strategy can enhance the reputation of a company as a great place to work and therefore be a real differentiator when it comes to attracting and retaining top talent.
TRS on mobile
By enabling employees to access their Total Reward Statements on a mobile device, employers can make it easier for employees to engage with them more frequently.
Mobile usage research tells us that when using a mobile phone, people are more likely to be searching for something specific rather than just browsing. Reaching your employees through an easily accessible mobile platform means you can push notifications about changes to their Total Reward Statements in a way - and at a time - that engages them best.
Find out how we incorporated a tailored TRS into Holiday Extras' bespoke benefits scheme: