Total Rewards include everything the employee perceives to be of value resulting from the employment relationship. It is a very powerful tool used to attract, motivate and retain employees. The tool has 4 elements viz Benefits, Compensation, Development and Environment according to Aon Hewitt model and Wal-Mart used it decisively to engage its employees.
When we talk about Employee engagement, we only think of outing, arranging lunch/dinner for better team bonding but Sam had a very different approach towards it. Employee engagement is a barometer of an organization health and high levels of it signifies that employees are more committed towards their work and can go an extra mile to add value to the organization. Sam, while setting up goals for his company, always tried to involve everybody in the organization to gain commitment and give the employees a sense of ownership.
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