Forces and Trends Impacting Total Rewards Strategy

Please complete this brief poll of 5 questions related to total reward issues at your organization. The results will be shared at the
September 18^th Richmond SHRM meeting.

* With respect to Total Rewards (compensation and benefits), what keeps you up at night? Check all that apply

Reigning in healthcare insurance costs

Finding funds to reward employees

Developing a total reward package to fit the workforce demographics

Paying and retaining top performers

Adding or fixing incentive plans that don’t work

Having enough staff and resources to manage total rewards

Other

* Is your company implementing any of the following to deal with rising healthcare costs? Check all that apply

Sharing more costs with employees

Cutting out family coverage

Increasing deductibles and co-pays

Changing workforce hours (40 to less than 30 hrs.)

Cutting back on other benefits

Cutting back on base pay increases

None of the above

Other

* What options have you considered to manage/reduce rising total rewards and human capital costs? Check all that apply.

Lower or no pay raises

Changes in FT/PT mix (move to <30 hr. work week employees)

Layoffs or job freezes

Early retirement programs

Passing on costs to customers

None-our business is growing

Other

* What is your projected/planned salary increase budget % for 2015 (pick option closest to your expectation)?

* Other than managing benefits costs, what is the top total rewards priority for your company?

Increasing employee engagement

Emphasizing Wellness

Rewarding top performers

Changing or updating salary programs

Adding a new variable compensation program (bonus, incentives, etc.)

Improving performance management processes

Other

* For purpose of summarizing the data, which industry best describes your employer?

* Approximately how many FTE’s are in your company?