1. Total Rewards Inventory What do you currently offer your employees through Total Rewards?
Prior to commencing with any employee or stakeholder research, it is useful to review your current overall Total Rewards proposition using the Nestlé model. Please refer to the Nestle Total Reward Policy for guidance around what’s typically provided for each element of Total Reward
Completing this exercise will help you to organise your understanding of the Total Reward package in your market before you are required to discuss its strengths and weaknesses in the following stages of the review. It will also be useful in helping you identify your different employee segments
You can take the output of this exercise to your senior management interviews and use this as a tool to start a discussion around what elements are working and which may need to be changed
The list will also help to give you an initial view on how your elements of Total Reward are spread over the segments and where there are any gaps. As you go through the exercise, you may want to note any immediate thoughts you have about the current offers in the table provided. This is just intended to act as a personal prompt before you commence with the analysis.
As this is just an initial, paper based review, we anticipate that it shouldn’t take more than 30 minutes of your time
We recognise that many Nestlé markets are very large and diverse, if you have dramatically different Total Rewards provision for different parts of the business then you may want to do a separate inventory for each area
Use the templates on the following pages to conduct this review and create a useful output for the following stages of the Total Reward review

2. Total Rewards toolkit Current state review of Total Rewards
You can complete this review using the template below. The following page has an illustration of this, using the Russian market as an example
Employee group/segment
Fixed Pay
Benefits
Growth
Work-Life environment
What is your base pay offer?
What key benefits do you provide?
How do you support employees with career growth and recognition?
What do you provide to enhance the environment and work-life balance (focusing on tangible benefits)
Variable pay
What performance based pay do you offer?

3. Total Rewards toolkit Current state review of Total Rewards
Total Rewards in Russia:
Fixed Pay
Benefits
Growth
Work-Life environment
Base salary
Cash allowances
Relocation allowances
Life insurance
Medical care
Mother and child care
Baby-food program
Corporate cars and parking
Support in hard-life situations
Meal voucher/allowance
Other fringe benefits
Career development
Performance evaluations
Trainings
Recognition programs
Long service awards
Safety programmes
Flexible work arrangements
Staff shop
Fitness and sport events
Corporate holidays
Lifestyle and wellness programmes
Employee volunteer programmes
Variable pay
Short-term bonus
Sales incentives
One-time bonus
Long-term incentives

4. Total Rewards toolkit Current state review of Total Rewards
Take a minute to reflect on your current Total Reward offering and to think about which aspects of this are strong, which are weak, where there are easy opportunities for improvement and your perceptions of which aspects are most engaging for employees
Strong
Weak
Known opportunities for improvement
Perceptions of engagement