Total Rewards
Using compensation and benefits strategically to retain talent, control costs, and drive organizational performance.
FEATURED RESEARCH:
2025 SHRM Employee Benefits Survey Report
A comprehensive annual survey of HR professionals capturing the prevalence of benefits across a wide range of offerings.
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The Importance of Benefits
Compensation and benefits are among the largest expenses for any organization — but when managed strategically, they deliver outsized returns in retention and engagement. HR leaders who design effective rewards systems reduce turnover, attract top talent, and align workforce motivation with business objectives. Total rewards is more than pay — it’s a business lever for maximizing workforce ROI.
Member OnlyLooking to design pay and benefits that attract and retain talent?
Ask a SHRM Knowledge Advisor or insights on building competitive total rewards.
Key Data Trends
45%
the median share of operating expenses attributed to salaries in 2025, up from 40.9% in 2022, making compensation and benefits a major organizational cost
61%
of HR pros say competitive compensation is very or extremely effective for retaining deskless workers
56%
of HR professionals report ongoing challenges in retaining deskless workers, emphasizing the importance of total rewards strategies for reducing turnover
SHRM Total Rewards Specialty Credential
Design competitive compensation and benefits programs that boost employee engagement with the SHRM Total Rewards Specialty Credential.
Latest News
Catch up on the latest benefits news, including Roth catch-up contribution rules, employees’ upcoming PTO plans for Taylor Swift’s album release, and more.
With financial stress surging, financial wellness programs offer support and drive business results. See why more employers are investing in these benefits.
Pop star Taylor Swift's album drop Oct. 3 is driving a spike in paid-time-off plans. Discover how HR can leverage the moment to foster well-being and improve time-off culture.
Learn how to design and implement a variable pay structure that motivates employees, aligns with company objectives, and complies with legal requirements.
Design Rewards That Deliver
SHRM membership provides insights on compensation, benefits, and pay transparency that attract talent and reduce turnover.
Become a SHRM Member and build a total rewards strategy that works.
Member Resources
Discover what a total compensation statement should include, why employers should offer them to employees, and how many workers say they are receiving them.
Use this paid parental leave policy to give employees time to care for and bond with a newborn, adopted, or foster child. Explore eligibility and details.
Strengthen your workforce by implementing effective educational assistance programs. Gain strategies for compliance, budgeting, and employee engagement.
This toolkit provides actionable resources and frameworks to help HR be a strategic revenue engine that drives measurable value and business impact.