Total Rewards Ecosystem: How to adjust your Total Rewards Ecosystem in the post-pandemic world

Wednesday 2:15pm – 3:15pm

Session Description

How has the pandemic changed what employees want? Does employee experience still matter, or has money become the most critical value currency during times of uncertainty? Learn how to use the Total Rewards Ecosystem to determine which value currencies address the changing needs and wants of your workforce and now to shift your focus. A well-tailored mix of post-pandemic value currencies will attract the right employees, retain your high performers, and drive improved business outcomes. The Total Rewards Ecosystem will take you behind the scenes of how economic drivers influence employee behavior and how to translate those findings in actionable steps to create a unique set of value currencies for your business that will result in more engaged and committed employees.

Learning Objectives

  1. Participants will gain a comprehensive understanding of the five value currencies and 30 variables that make up the Total Rewards Ecosystem.
  2. Participants will learn how the pandemic has influenced what employees want and how to make adjustments to address the Total Rewards Ecosystem framework’s changing needs.
  3. After the presentation, participants will be able to create their own Total Rewards Ecosystem with adjusted value currencies that are important in the post-pandemic world to attract, engage, and retain talent.

 


Michael Puck

As a Senior HCM Strategy Consultant with Kronos, Michael Puck is passionate about advocating the importance of people-centric processes that enable a strategic HR focus and drive business performance. Puck has over 20 years HR experience, partnering with business leaders and guiding large functional teams in shaping business cultures, implementing HR, Benefits, HCM, and SaaS solutions that enabled his customers to unlock new levels of employee and business performance. Puck graduated from the German Air Force Academy, and his eight-year term as officer and platoon commander only bolstered his belief that putting people first is vital to the success of the team and of the organization at large. During his time in the military, he earned a degree in business and a postgraduate degree in economics from VWA in Essen, Germany. Additionally, Puck is a Senior Certified Professional with the Society of Human Resource Management (SHRM-SCP) and a published author.