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You look then at everything that happened — 2020, 2021 — and the way organizations pivoted and showed more agility from a total rewards perspective.

That speed includes the pivots we must make across our organizations to respond to such levels of evolution — as well as to reskill and retain the people on our teams who help steer and helm our organizations through such rapid and persistent change.

In “Pivot on Pay,” Allison Hoeinghaus and Ryan Wells examine the difficulties that an unpredictable business environment — like the one companies have operated in for the past two-plus years — can create in terms of incentivizing and retaining crucial workers.

“A one-and-done pay equity analysis methodology is dead,” Colacurcio said, suggesting that organizations pivot to a quarterly analysis to ensure they remain vigilant in paying equitably.

Prepare to Pivot Overall, organizations should pivot their rewards strategies in real time to reflect shifting market conditions and evolving employee needs, Cantrell said.

Her specialization is in the pivotal growth phase of startups, where she translates strategic people initiatives into a powerful employee experience.

“We are experiencing a pivotal shift in the way that work is performed,” Bailey said.

For WorldatWork Members The Role of Employee Ownership in Total Rewards Strategy , Journal of Total Rewards article;Putting the Plan in Place: Introducing an ESPP at Aramark , Workspan Magazine article;Pivot on Pay: Getting Creative to Attract and Incentivize Talent , Workspan Magazine article;Compensation Structure Policies and Practices , research; For Everyone Professional Services Firms and Their Search for Liquidity , Workspan Daily article;Employee Trust Is a Problem (that TR Pros Can Help Address) , Workspan Daily article;Total Rewards ’25 , conference; The U.S.

“The dramatic pivot from the new administration was abrupt and caught many organizations off guard,” Holloway said.