Total Reward Solutions is founded on a set of core values – values that guide our day-to-day operations, our strategic decisions and our client relationships. Each relationship is handled with integrity, respect and confidentiality, as we deliver Total Reward systems built to tailor each client’s specific needs.
At Total Reward Solutions, we believe that properly designed compensation, benefits, rewards programs and performance appraisals complete a full circle of total rewards. These complete systems not only improve employee retention and attraction, but effectively drive business results. It is our mission to be your trusted partner for compensation and benefits solutions.
Total Reward Solutions, a WBE certified business, was founded in 2005 and consults with clients in the areas of compensation, benefits, performance management and reward/recognition programs. We have experience in well over 30 different industries and with companies ranging in size from 5 to 4,000 employees.
Why Total Rewards?
The term “total rewards” refers to the financial and non-financial return provided to employees in exchange for their time, talents, efforts and results.
To implement a total rewards plan, business leaders must tackle a broad range of challenging questions—everything from who will design the plan and what types of rewards it will include to how the plan will be funded and under what business conditions the plan is intended to operate. When executives overlook one or more of these questions, they risk developing a plan that delivers mediocre results once it’s implemented.
But the effort is worthwhile. A well-thought-out and skillfully implemented total rewards program can give your organization a competitive edge. In particular, it can help you generate the business outcomes that matter most to your strategy - whether those outcomes take the form of employee retention, productivity, job satisfaction or service quality. In an age of stiffening competition and increasing pressure to do more with less, no organization can afford to ignore the strategic value that a well-designed total rewards system can provide.
Working with TRS has been a wonderful experience. They are always very supportive and understanding of our unique needs, looking at who are and knowing the marketplace. More importantly, knowing how to sift through the data and how it relates to our business because it’s not always a direct translation. TRS guides us through that process, showing us how to look at the information, how to translate it and how to adapt it—these are unique qualities they possess. The short-term impact helps us meet immediate goals, helping us work on our operations and the overall structure of our business. TRS also helps us formalize certain aspects of how we do things strategically, not only just performance management, but in developing our people. The long-term impact continues to be developing our team, knowing that we have fair compensation with substance behind our incentive plan and being accountable not only to ourselves, but to our business. We have the metrics, the data—we have everything supporting it. So it’s a matter of taking out the mystery, with a real clear path and giving everyone a level playing field with confidence moving forward. TRS is a very sensitive and reliable resource in helping organizations with their ongoing process of monitoring and improving their performance. They provide an understanding of our organization and accountability to our employees and to our organization, along with guidance on how to frame that.