International Journal of Scientific Research and Engineering Development

In today's increasingly competitive business environment, organizations can no longer rely solely on salary to keep their employees motivated and committed. Total Rewards Strategy — a comprehensive approach that combines financial and non-financial incentives — has emerged as a powerful tool for building genuine employee engagement. This paper examines the relationship between Total Rewards Strategy and employee engagement through a review of existing literature and secondary data sources published between 2019 and 2024. Drawing on studies from multiple industries and geographies, the paper explores how components such as base pay, performance bonuses, health benefits, recognition, learning opportunities, and work-life balance collectively shape the employee experience. The findings suggest that a well-designed and communicated Total Rewards framework significantly improves engagement levels, reduces turnover intentions, and strengthens organizational commitment. The paper also highlights the need for personalization and transparency in reward delivery. This study contributes to the growing conversation on strategic human resource management and provides insights useful for HR practitioners and students of management.

Ms. Preetika Jain, Ms. Shruti Rawat,"A Study on the Role of Total Rewards Strategy in Employee Engagement at IBM India" International Journal of Scientific Research and Engineering Development, V9(3): Page(1129-1135) May-June 2026. ISSN: 2581-7175. www.ijsred.com. Published by Scientific and Academic Research Publishing.