Implementing an EBS
Organizations need to choose which reward elements they want to include in the EBS. Elements such as base salary are nearly always included as these are easy to express in financial value, however this is not the case for all labour conditions. For example training & development, an element that is often forgotten in the EBS. However, in the context of the need for employability and longer careers, employers could consider to include this non-monetary item. The same counts for other benefits that belong the ‘New Ways of Working’ domain – such as flexible and remote working. Highlighting these benefits can help with attracting and retaining talent.