Total Rewards Statement

Total Rewards Statement

What is Total Rewards Statement? Definition and Examples

A total rewards statement is a personalised summary showing an employee the full value of what they receive: base pay, bonus, equity, benefits, and any other perks, converted to a single comparable figure. Most employees only see their base salary day to day; a well-designed statement is often the single most effective tool for closing the perception gap between what people think they earn and what they actually receive.