The process of training employees to develop entirely new skills for a different role — distinct from upskilling, which builds on existing capabilities. Reskilling addresses skill obsolescence by preparing people for new work driven by technology or business change.
A total compensation statement is most valuable when it is delivered proactively before an employee has started questioning their pay or considering external options. At the point when an employee is actively comparing their salary against external offers, a total compensation statement reads as defensive justification rather than genuine transparency. Proactive annual statements, delivered during performance review cycles when employees are already thinking about their professional situation, integrate naturally into the broader conversation about value, growth, and future trajectory. The statement should be accompanied by a manager conversation rather than delivered as a standalone document, because the questions it raises need human context to be answered effectively.
What the research says about employee engagement.
Other ways this term appears across industries and languages.
Common questions about employee engagement.