))
Stay or Stray? How Total Rewards Impact Retention (Carol Breen)
Manage episode 466286662 series 3566519
In this episode, Carol Breen, founder and principal of Sedona Partners, a human resources and rewards consulting firm, and show host, Sue Tetzlaff, discuss the concept of “Total Rewards” in the workplace. They explore the framework of Total Rewards, which includes compensation, benefits, learning and development, and organizational culture. The conversation highlights the significance of understanding your organization’s rewards systems and emphasizes the efforts to continually improve them. Carol shares insights on navigating pay equity issues and the role of recognition in keeping employees satisfied and committed to their organizations.
- The total rewards framework encompasses four quadrants: compensation, benefits, development and learning, and work environment.
- Employees leave for relational reasons, not just pay.
- Pay equity issues can complicate workplace dynamics.
- Understanding employee perceptions can improve retention.
- Work-life integration is increasingly valued by employees.
- Total rewards framework aids in organizational improvement.
- A strong organizational culture attracts and retains talent.
Access Carol’s Total Rewards HERE
Connect with Carol Breen at:
13th Annual Healthcare Executive Forum - June 18 (afternoon) and June 19 (morning)
High Reliability, Just Culture & Psychological Safety Made Simple focuses on breaking down these critical concepts into practical, actionable strategies tailored for senior leaders in small and rural healthcare settings.
🎟 Event Registration & Details
13th Annual Healthcare Executive Forum - June 18 (afternoon) and June 19 (morning)
High Reliability, Just Culture & Psychological Safety Made Simple focuses on breaking down these critical concepts into practical, actionable strategies tailored for senior leaders in small and rural healthcare settings.
65 episodes
Share
