The TRS Express Blog

Learn more about Total Reward Statements and engaging employees

January 28, 2025

Why Pay Transparency is Key to Employee Retention in 2025

As the new year kicks off, companies must still navigate through a competitive labor market. Yet, retaining and attracting top talent is more challenging than ever. One powerful strategy that addresses these challenges is pay transparency, the practice of openly sharing compensation data, pay ranges, and the logic behind salary decisions. According to a 2024 Mercer study, pay and benefits
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January 21, 2025

Customizing Your Total Rewards: Why Branding Matters

With the job market becoming more competitive each year, companies are searching for ways to retain top talent and build stronger connections with their employees. One often overlooked strategy is branding Total Rewards Statements. While many organizations focus on the numbers (salaries, bonuses, and benefits), how this information is presented matters just as much. A personalized, branded Total Rewards Statement
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January 14, 2025

How to Enhance Employee Onboarding with Total Rewards Statements

Starting a new job is one of the most significant transitions in an employee’s career, and the onboarding process sets the stage for their experience with your organization. A well-structured onboarding program does more than introduce new hires to their roles—it builds trust, fosters engagement, and helps employees understand the value they bring to the organization. One of the most
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January 7, 2025

The Future of Total Rewards: Key Trends Shaping 2025

As workforce expectations continue to evolve, Total Rewards strategies must keep pace with changing employee priorities. Modern Total Rewards programs extend beyond just salary, incorporating benefits, recognition, professional development, and diversity, equity, and inclusion (DE&I) initiatives. Companies that effectively communicate the full scope of their rewards programs can enhance employee engagement, improve retention, and build a stronger organizational culture. This
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