What is typically NOT included in total rewards?

Total rewards encompass all aspects of what an organization provides to its employees in return for their contributions. This includes both financial and non-financial elements such as base salary, bonuses, non-financial benefits (like work-life balance initiatives, professional development opportunities, etc.), and other perks.

Employee performance evaluations, while an essential component of the management process, do not form part of the total rewards itself. Instead, these evaluations help determine what rewards an employee may receive, but they are not a reward in and of themselves. Thus, they are typically not included in the total rewards framework, which focuses on the tangible and intangible benefits directly received by employees.