Transcription of 2012 Total Rewards Survey - Aon
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Consulting Talent & RewardsConsulting Talent and RewardsTotal Rewards Survey Transforming Potential Into Value2 012 Aon Hewitt s Total Rewards FrameworkThe Aon Hewitt 2012 Total Rewards Survey defines Total Rewards as everything an employee gets from the employer that they find rewarding ( , compensation, benefits, learning, development, etc.). This concept is depicted below:At Aon Hewitt, we use this four-quadrant model to illustrate the concept of Total Rewards . Everything an employee receives from an employer ( , not just those elements listed above as examples) can be positioned within this framework, depending on whether the reward element is: n Financial or Experiential Financial elements have a clearly defined value or cost, while experiential elements are those the employee experiences through inter action with the company, leadership, management, colleagues, and Personal or Company Some Rewards are tailored to the individual ( , salary, bonus, personal goals, development plan, etc.)
Aon Hewitt’s Total Rewards Framework The Aon Hewitt 2012 Total Rewards Survey defines total rewards as “everything an employee gets from the employer that they find rewarding” (i.e., compensation, benefits, learning, development,
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