While companies see the value of and invest significantly in total rewards programs, a new survey finds that few are seeing successful results, due to a lack of execution.
Aon Hewitt’s 2012 Total Rewards Survey of nearly 750 organizations shows that 58% use total rewards programs to drive employee engagement, while 48% want these programs to improve their ability to retain talent, as well as attract talent (44%). However, 60% describe their engagement levels as low, and two-thirds indicated that the trend in engagement is holding steady or trending downward.