Total Rewards
Using compensation and benefits strategically to retain talent, control costs, and drive organizational performance.
FEATURED RESEARCH:
2026 SHRM Employee Benefits Survey Report
A comprehensive annual survey of HR professionals capturing the prevalence of benefits across a wide range of offerings.
Government Shutdown 2025
What You Need to Know
The latest government shutdown is impacting federal workers and organizations nationwide. Visit our resource hub for expert analysis, actionable guidance, and member-exclusive support. Stay informed, protect your workforce, and lead with confidence.
The Importance of Benefits
Compensation and benefits are among the largest expenses for organizations, but when managed strategically, they deliver outsized returns in retention and engagement. HR leaders who design effective rewards systems reduce turnover and attract top talent. Total rewards is more than pay, it's a business lever for maximizing workforce ROI.
Looking 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
49%
the median share of operating expenses attributed to salaries in 2026, up from 41% 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
Employer contributions made to a Trump Account, intended to encourage early wealth building, will not generally trigger ERISA, the DOL said in recent guidance.
Retain top talent by making education strategic. HR leaders learn to build internal pipelines with prior learning credit and targeted tuition assistance.
Discover key factors organizations should evaluate before adopting a four-day workweek, including productivity, burnout risk, and service impact.
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
Design a benefits program that attracts and retains top talent. Use this step-by-step guide to align your strategy, control costs, and boost employee engagement.
Ensure your expense reimbursement policy aligns with remote, hybrid, and multi-state work. Clear communication and consistent application are essential for compliance.
Discover why revisiting employee benefits is key to keeping your top performers. Learn strategies to enhance retention, and which benefits employees value most.
Access a sample return-to-work medical release form to help employees transition smoothly after illness or injury. Ensure compliance and support workplace well-being.