This week's Compensation Daily Advisor covers nontraditional rewards, compensating millennials, developing a multi-generational compensation philosophy, and separating from work when on vacation.

Total Rewards vs. Total Compensation: Are You Muddling the Two?
A total rewards framework is a comprehensive way of looking at how employers pay their employees. It is now finding its way into the thinking of compensation and human resources professionals at more and more companies.

Show Me (More Than) the Money: Nontraditional Reward Assessment Checklist
Yesterday, we looked at the factors that comprise a total rewards framework—which goes well beyond the actual dollars and cents you pay your employees. Today, a nontraditional reward assessment checklist.

The Aging (?!) Millennials: How to Customize Their Compensation
While many of us continue to think of Millennials as the young whippersnappers of the office, the oldest of them are now 35 (and, no, this is no April Fools’ joke!). This may come as something of a shock—even setting aside the issue of how old this makes the rest of us feel. It also means that Millennials are rapidly moving into key leadership positions.

A Compensation Philosophy That Works Across Generations
Yesterday, we started to look at some of Payscale’s compensation recommendations for workers at all stages of their careers, taken from their report Compensation Challenges for a Multi-Generational Workforce. Today, the rest of the list.

Try to Truly Disconnect from Work on Your Next Vacation!
Remember the old Eveready® battery commercial with Robert Conrad in a muscle shirt playing the tough guy? He had an Eveready battery sitting on his shoulder while he muttered the line, “I dare you to knock this off.” I’m not sure why he was daring anyone to knock the battery off his shoulder or what that really had to do with selling batteries, but I do remember the commercial nearly 40 years later.