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backstitch Company Blog (blog.backstitch.io)

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Human Resources Employee Benefits Employee Engagement Total Rewards Statements

Why You Should Help Employees Understand Their Compensation Plan

A true compensation plan provides more value to employees than just a mere salary. It provides them knowledge and peace of mind. 

Human Resources Total Rewards Statements

Communicate Deferred Compensation with Total Rewards Statements

Employees need a straightforward way of viewing the details of their money coming in — and of their money that gets held back. Some might understand s...

Employee Engagement Total Rewards Statements

Add Total Compensation Statements to Your Annual Merit Increase Plan

A good employer understands the importance of regularly rewarding employees for their hard work. Having an annual merit increase plan in place keeps y...

Employee Benefits Employee Engagement Total Rewards Statements

How to Communicate Total Compensation to Employees

Beyond just knowing the amount they’re being paid, employees want to know the reasoning behind their salaries. Total rewards statements offer a simple...

Employee Benefits Employee Engagement Total Rewards Statements

What to Communicate in Your Total Rewards Statements

Employees have come to expect more than just a base salary. Consequently, by only using employee salaries to retain and recruit employees, you risk lo...

Employee Benefits Total Rewards Statements

3 Benefits of Adopting Digital Total Rewards Statements

A total rewards statement can be a very valuable tool whether you are trying to attract new talent or making sure to retain current talent. What these...

Employee Benefits Total Rewards Statements

What is a Total Rewards Statement?

More and more companies are moving towards using Total Rewards Statements to help pull in new talent and retain the top employees they currently have....