Figuring out total rewards in a rocky economy

Strategy must account for global, economic factors
By Gail Evans
|Canadian HR Reporter|Last Updated: 08/07/2015

What is the right direction for a total rewards strategy in the current economic turmoil? This has been a common question since the start of 2015.

To answer, it is important to first interpret the economic context in which organizations are operating. Recent global factors include: geopolitical turmoil in the Middle East and the impact on the volatility of oil prices; the recent Greek crisis and bailout by the European Union; and the new American agreement with Iran.