The many, many ingredients of total rewards recipes
Tangibles
•base salary;
•bonus;
•short-term incentives;
•long-term incentives;
•vacation;
•paid holidays (statutory, other special);
•supplemental maternity benefits;
•sick leave plans;
•sabbaticals and leaves of absence;
•attendance bonus;
•provincial health-care premiums and taxes;
•payroll taxes (WSIB, WCB, EI, CPP);
•leaves of absence (jury duty);
•service awards;
•memberships;
•credit cards, calling cards, gas cards;
•cell phones and pagers;
•gifts;
•laptop computers and handheld devices;
•employee assistance plans;
•relocation and housing allowances;
•educational assistance programs;
•car allowance/mileage/discount rates;
•group RRSP/DPSP;
•pension plan;
•financial planning;
•life insurance (basic and optional);
•extended health and vision care;
•dental care;
•health-spending accounts;
•out-of-province coverage;
•stock purchase/savings plans;
•stock option plans;
•executive top-ups;
•top-up options;
•wellness/fitness reimbursements;
•health and wellness programs;
•home/auto insurance;
•mortgage subsidies;
•child scholarship plans;
•child care;
•special sales force awards;
•entertainment allowance;
•concierge services;
•parties;
•lunchroom supplies;
•subsidized meals (lunchroom cafeteria);
•other employee-paid and company-administered benefits (i.e. Canada Savings Bonds);
•referral programs;
•termination and severance packages;
•corporate product discounts;
•expense reimbursement;
•take-home meal service; and
•on-site services (massage, physiotherapy).
Intangibles
•training and development (could be tangible);
•expression of sympathy;
•focus groups to listen and act on what’s said;
•mentoring (formal or informal);
•career development;
•personal development;
•skills development;
•career growth opportunities;
•supportive leadership;
•internal communication;
•personal responsibility and corresponding authority;
•non-monetary recognition;
•exchange program;
•relationships with management, co-workers, and customers;
•job-related support;
•challenging and interesting work;
•being in the right job;
•performance management;
•office logistics (i.e. position/type of work station);
•direct reports — up and down;
•job security;
•treatment of terminated employees;
•flexible work arrangements;
•remote access;
•corporate values; and
•corporate mission statement.
•base salary;
•bonus;
•short-term incentives;
•long-term incentives;
•vacation;
•paid holidays (statutory, other special);
•supplemental maternity benefits;
•sick leave plans;
•sabbaticals and leaves of absence;
•attendance bonus;
•provincial health-care premiums and taxes;
•payroll taxes (WSIB, WCB, EI, CPP);
•leaves of absence (jury duty);
•service awards;
•memberships;
•credit cards, calling cards, gas cards;
•cell phones and pagers;
•gifts;
•laptop computers and handheld devices;
•employee assistance plans;
•relocation and housing allowances;
•educational assistance programs;
•car allowance/mileage/discount rates;
•group RRSP/DPSP;
•pension plan;
•financial planning;
•life insurance (basic and optional);
•extended health and vision care;
•dental care;
•health-spending accounts;
•out-of-province coverage;
•stock purchase/savings plans;
•stock option plans;
•executive top-ups;
•top-up options;
•wellness/fitness reimbursements;
•health and wellness programs;
•home/auto insurance;
•mortgage subsidies;
•child scholarship plans;
•child care;
•special sales force awards;
•entertainment allowance;
•concierge services;
•parties;
•lunchroom supplies;
•subsidized meals (lunchroom cafeteria);
•other employee-paid and company-administered benefits (i.e. Canada Savings Bonds);
•referral programs;
•termination and severance packages;
•corporate product discounts;
•expense reimbursement;
•take-home meal service; and
•on-site services (massage, physiotherapy).
Intangibles
•training and development (could be tangible);
•expression of sympathy;
•focus groups to listen and act on what’s said;
•mentoring (formal or informal);
•career development;
•personal development;
•skills development;
•career growth opportunities;
•supportive leadership;
•internal communication;
•personal responsibility and corresponding authority;
•non-monetary recognition;
•exchange program;
•relationships with management, co-workers, and customers;
•job-related support;
•challenging and interesting work;
•being in the right job;
•performance management;
•office logistics (i.e. position/type of work station);
•direct reports — up and down;
•job security;
•treatment of terminated employees;
•flexible work arrangements;
•remote access;
•corporate values; and
•corporate mission statement.