HR departments of organizations use compensation and benefits (C&B) policies and practices to manage employee pay and rewards, including financial and non-financial incentives like recognition, work-life balance, and growth opportunities. Total rewards refer to all monetary and non-monetary returns employees receive for their time, talent, effort, and results. Offering competitive C&B is essential to attract and retain talented employees, and Acacia's module covers employers' strategic choices when developing a total rewards system.