Total Rewards refers to the comprehensive package of benefits and incentives that an organization offers to its employees. This package typically includes monetary compensation, such as salaries and bonuses, as well as non-monetary benefits like health insurance, retirement plans, and paid time off. The goal of Total Rewards is to attract, motivate, and retain talent within the workforce. In addition to traditional benefits, Total Rewards may also encompass recognition programs, professional development opportunities, and work-life balance initiatives. By providing a holistic approach to employee compensation, organizations aim to enhance job satisfaction and overall employee engagement, ultimately contributing to a positive workplace culture.