Investing in People Through Total Rewards
Bank of America CEO Brian Moynihan was interviewed on Bloomberg this week about the bank’s recent decision to raise its minimum wage to $25 per hour, which is higher than any state minimum wage in the U.S. But Moynihan went beyond discussing wages, briefly reviewing some of the highlights of BoA’s employee benefits, including robust…
Case Study: RewardsFocus Helps Robins & Morton Communicate with Purpose
Robins & Morton – a leading construction company with nearly 1,500 employees – understands the value of investing in its people. With a workforce spread across offices, job sites, and remote locations, the company’s commitment to their workforce goes well beyond compensation. The company has invested significantly in their total rewards programs, recognizing that attracting…
Why Total Rewards Statements Are Key to Employee Engagement
Employee engagement is always a hot topic, regardless of the overall condition of the labor market. In a tight labor market, where it’s harder to hire and retain talent, employers worry about not being able to find enough workers to support continued growth. But even during periods of higher unemployment, organizations still want to hold…