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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December 17, 2024

The Role of Total Rewards in a Competitive Job Market

In today’s competitive labor market, businesses must go beyond just offering competitive salaries to attract and retain top talent. Employees now expect a comprehensive view of their compensation and benefits, and companies that communicate this effectively have a distinct advantage.
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December 10, 2024

How to Communicate the Full Value of Benefits with Total Rewards

Employee expectations are higher than ever, and they are looking for transparency and clarity about their total compensation. Total Rewards Statements are a powerful way for HR teams to communicate the full value of benefits, beyond just salary, to their workforce.
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