article thumbnail

A Comprehensive Guide to Total Rewards (And How to Master It)

Vantage Circle

What are Total Rewards in HRM? "Total "Total rewards" is a broad term for an organization's total employee-related costs. It includes the money paid to employees in wages, salaries, bonuses, perks, and other intangible benefits. The most common extrinsic rewards are money and gifts. Compensation.

article thumbnail

Ultimate HR Calendar 2023: Key Dates (+How To Celebrate Them)

Vantage Circle

What better day to hold a conflict resolution seminar than today? Educate employees and managers on how to handle problems with grace, understanding, and forgiveness to help avoid them. Still, our favorite is when we assign reward points to everyone in the organization so they can redeem them on the gift of their choice.