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What is Total Rewards?
“Total Rewards” (TR) refers to the different methods by which an organization rewards its employees, including cash compensation, benefits, employee recognition and status, advancement opportunities, employee care programs (wellness, family programs, time off), and challenging work.
Who are Total Rewards Leaders?
A Total Rewards leader enhances a company’s competitiveness in the labor market by leading and managing comprehensive compensation and benefits strategies. They oversee executive compensation, long- and short-term incentives, sales compensation, equity strategy and total rewards programs. This includes designing and managing employee benefits, setting base and bonus guidelines and defining the company’s overall compensation philosophy.
Additionally, they are responsible for tracking HRIS analytics to measure the effectiveness of each program, using data to support decision-making and continuous improvement. By aligning compensation and benefits with business objectives, the organization can attract, retain, and motivate the top talent that will deliver organizational success.
At Frederickson Partners, our deep expertise in executive recruitment means that we can identify and secure the right Head of Total Rewards to drive your compensation and benefits strategy forward. Especially as companies prepare for IPOs or mergers and acquisitions (M&A), establishing compensation, employee benefits, and public company–compliant processes shift to the forefront of priorities.
Leveraging our extensive network and industry knowledge, we focus on finding leaders who are not only highly qualified but also fit your company culture and long-term goals, effectively managing compensation, benefits, and compliance to contribute to your overall success.
Example Placements: Total Rewards Executives
Trends in Total Rewards
“Kudos on the incredible work done by the Frederickson team. I look forward to working with them in the new year. I was very happy with the placement as well. Great fit for the company!”
Ryan Greene / OPERATING ADVISOR
“I couldn’t be happier to have the Frederickson team as a partner going forward. A real pleasure to work with.”
Heather Kirby / VP TALENT DEVELOPMENT
Frederickson Partners, a Gallagher company is a market leader in retained executive search since 1995. As one of the top-rated HR executive search and C-suite recruiting firms, we have expertise in placing Chief People Officers, Chief Human Resources Officers, Chief Diversity Officers, Chief Financial Officers, Chief Legal Officers and many other senior leaders. We draw on a broad network of rising and established executives and leaders, and a 28-year reputation as a talent acquisition and HR Advisory provider.