Over the last few years, a difficult economy and rising benefit costs have prompted companies to look carefully at their approach to aligning rewards with business strategy. As economic and company performance improves, the challenge has moved to effectively implementing those reward strategies.

The 10th annual Strategic Rewards study reveals that companies can improve the execution of their total rewards strategy (both monetary and non-monetary) — in particular, planning reward expenditures on a total rewards basis. However, by increasing collaboration among HR functions and optimizing their reward plans, employers can keep their best workers engaged and motivated while increasing their return on investment.

	TABLE OF CONTENTS Executive Summary About This Survey Total Rewards Base Pay and Merit Budgets Short-Term Incentives Long-Term Incentives The 10-Year View Performance Management Global Compensation Attraction and Retention Conclusion