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Strategic Goal Setting If you don’t have specific goals in mind from the start of your recognition program, you’re going to have a harder time when it comes to measuring success.

Set your strategy for late elections.; ;Resolving inconsistencies, such as a family plan election with no dependents listed.; ;Auditing for dependent status, ensuring new dependents are added correctly and dependents who have aged out are not enrolled.; ;Sending out election confirmations, if not automatically generated.; ;Verifying that premium deductions are accurate and will be set up correctly in payroll.; ;Generating election data in the format required by the carrier and submitting it promptly, allowing extra time to resolve any unforeseen issues.; Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Employee Benefits; ;Employee Experience; ;Total Rewards; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

Chronowork allows workers to set working hours within peak periods of productivity, as defined by individual circadian rhythms.

Key Takeaways ;HR Leaders Plan to Decrease Hiring Over Next 6 Months; ;Starbucks Sets 2% Raise for All Salaried Workers; ;Boeing Strike Continues in Missouri, Illinois; ;Survey Reveals Growing Use and Misuse of AI Within Workplaces; ;Report Examines How Engagement Differs by Work Generation; HR Leaders Plan to Decrease Hiring Over Next 6 Months One in five chief human resource officers (CHROs) expect to scale back their hiring over the next six months, according to a new survey released Wednesday, Aug. 20, by The Conference Board.

;Set up to succeed.

Let’s look at some options for setting a remote workforce’s compensation strategy: Set pay rates by the location of the corporate headquarters or regional office.

The change is now set to kick in by 2027, while the statutory retirement age will go up by three months each year, starting in September, eventually reaching the 64-year mark by the end of the decade.

The Illinois Legislature passed “The Paid Leave for All Workers Act” Jan. 1 that is set to take effect in 2024.

Salaried employees will receive an annual bonus, based on Target’s performance and the eligible amount set as part of their compensation.

Ontario is set to become the third Canadian province to implement a pay transparency law, joining Prince Edward Island and British Columbia.