Total Rewards Philosophy Development

Establish organisation-wide total rewards philosophy, strategies and mechanisms for various employee groups to incentivise the desired behaviours



Competency Area

Workforce Engagement


Design total rewards plans and mechanisms

Translate total rewards strategy and philosophy into design principles

Identify trends from industry practices on total rewards design

Design plans and mechanisms for total rewards

Secure buy-in from stakeholders in total rewards design

Evaluate cost impact of total rewards designs

Design rewards policies that support the business

Develop processes and systems to measure effectiveness of total rewards design

Refine total rewards design

Establish organisation-wide total rewards philosophy

Establish total rewards strategies aligned to organisational vision, mission and values

Develop adaptive strategies to allow total rewards designs to anticipate uncertainty

Create alignment among remuneration plans and programmes

Define criteria to evaluate success of total rewards strategy

Review total rewards design against the articulated organisational philosophy

Determine the business viability of total rewards designs

Project future total rewards design requirements

Direct refinements to total rewards design

Formulate total rewards philosophy of the organisation

Formulate total rewards philosophy that is aligned to the overall organisation vision, mission and values

Approve the total rewards philosophy and design in view of the organisation’s overall human resource (HR) strategies

Determine success measures for the total rewards strategies

Align total rewards philosophy and business’ strategic goals

Endorse total rewards design

Establish alignment between total rewards designs and other HR functions