This document discusses total reward strategy, a human resources management approach. Total reward strategy considers all forms of compensation employees receive in exchange for their services, including both monetary and non-monetary benefits. It has become a popular strategy for attracting, motivating, and retaining employees. The document outlines the development of reward systems over time, defining total reward strategy as a modern approach that goes beyond standard compensation to include elements like company culture and employee engagement. Total reward strategy provides benefits to both employees and employers by aligning compensation with business objectives.

Jiang Et Al - 2009 - Total Reward Strategy - A Human Resources Management Strategy Going With The Trend of The Times PDF

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