What realization does Margaret come to about the total rewards system after joining the compensation team?

Margaret's realization that the total rewards system needs flexibility to adapt to changing environments reflects an understanding of the dynamic nature of the workplace and market conditions. In today's rapidly evolving economic landscape, organizations face shifts in employee expectations, competitive compensation strategies, and external factors that can influence job satisfaction and retention. A flexible total rewards system allows a company to tailor its compensation packages and benefits to meet the diverse needs of its workforce while remaining responsive to changes in the market and organizational goals.

This adaptability is essential for maintaining employee motivation and engagement, as well as attracting and retaining top talent. By incorporating flexibility into the total rewards system, organizations can align their compensation strategies with business objectives and employee preferences, ensuring that the rewards offered remain relevant and impactful over time.