Total RewardsThe Professions in Action

Total Rewards Professionals are Key to Ensuring:

Organizations are prepared for the future

The best and brightest can be attracted, motivated and retained

Hard work is recognized and rewarded

Compensation professionals work to reward employees fairly and appropriately.

Benefits professionals make sure workers can focus on their jobs by providing programs that protect their families’ health, welfare and finances.

Work-life professionals ensure that work and life are balanced.

For a vast majority of organizations, employee compensation and benefitsare one of the largest expenses andmost difficult to manage.

Economic Impact

About 8.5% of the world’s total gross product is spent on health care. That’s about $6 trillion annually.Source: WHO 2011 Report

Benefits professionals must manage significant obligations: as much as 50% or more of payroll costs in some countries.

There are an estimated 2.4 billion workers in the world. That’s about 35% of the worldwide population.

Total rewards professionals manage a vital part of the global economic engine!

At a More Basic Level, Total Rewards Professionals Support Organizational Success

There are 119,000 compensation and benefits professionals in the United States, and 128 million people in the U.S. workforce (tracked and coded occupations).

Each total rewards professional supports about 1,000 employees.

Source: U.S. Bureau of Labor Statistics (May 2011 estimates)

How Total Rewards Professionals Arrived in Their Current Roles

55% of organizations’ total rewards staffing comes from the external labor market

Total does not add to 100% due to rounding.

21% comes from within the organization’s total rewards function

19% comes from elsewhere in the organization’s HR function

6% comes from outside both the HR and total rewards functions

Source: The WorldatWork Total Rewards Professionals’ Career Census www.worldatwork.org/TRSuperstar

When total rewards staffing comes via internal recruitment …

Total Rewards Certification Designations Awarded*

earned a Certified Compensation Professional (CCP) designation (introduced in 1977)

16,742

* as of April 2012Source: WorldatWork Society of Certified Professionalswww.worldatworksociety.org

professionals earned a Certified Executive Compensation Professional (CECP) designation (introduced in 2010)

99

professionals earned a Certified Sales Compensation Professional (CSCP) designation (introduced in 2010)

112

earned a Work-Life Certified Professional (WLCP) designation (introduced in 2007)

190

earned a Certified Benefits Professional (CBP) designation (introduced in 1993)

2,549

earned a Global Remuneration Professional (GRP) designation (introduced in 1996)

3,158

Education Among Total Rewards Professionals

Source: The WorldatWork Total Rewards Professionals’ Career Census www.worldatwork.org/TRSuperstar

90% Bachelor’s degree or higher

21% Master’s degree

19% M.B.A

2% Law degree or Ph.D.

www.worldatwork.org/celebrateTRPW