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We see fertility benefits as part of a modern, equitable total rewards strategy — one that recognizes that building a family is a deeply personal, yet widely shared, human goal.”

We are losing the battle for engagement by applying old-school work customs to a modern-day workforce.”

The Financial Fluency Imperative for CHROs The modern CHRO must be fluent in: ;Cost of workforce as a percentage of revenue; ;Financial-metric (i.e., earnings before interest, taxes, depreciation and amortization, or EBITDA) sensitivity to compensation decisions; ;Headcount productivity ratios; ;Cash flow implications of incentive accruals; ;Long-term liability modeling; Without this fluency, TR remains tactical.

It’s time for a modernized view of what employees need to thrive, and the last few years have truly shown us the diversity of need.”

For WorldatWork Members ;Rewarding the Modern Sales Organization , Workspan Magazine article; ;Incentive Goal Setting is Becoming More Flexible , Journal of Total Rewards article; ;Sales Compensation Plan: Organizational Inventory , tool; ;Sales Performance Management , research; ;Sales Compensation Programs and Practices , research; For Everyone ;The Checkup: Diagnosing and Optimizing Your Sales Compensation Program , Workspan Daily article; ;Sales Comp Considerations: Choosing Between Individual, Team Measures , Workspan Daily article; ;Don’t Be a Sales Compensation Benchwarmer: 5 Paths to Pitch In , Workspan Daily article; Given the persistent economic volatility, increasingly cloudy financial targets and continuously evolving employee expectations around transparency, many organizations are re-evaluating how they drive alignment and motivation.

What to Consider Since today’s workforce expects TR to reflect a modern value exchange, transparency is important, said Jess Von Bonk, a global HR transformation and technology advisory leader at Mercer.

The Time Is Ripe to Put Effort Here As contractors become an increasingly integral part of the modern workforce (the independent workforce in the U.S is estimated to range from 11.9 million to 65 million workers), you likely need to put time and effort here to ensure effective, compliant management.

For WorldatWork Members 20 Tips for Designing Inclusive Family Care Benefits , Workspan Daily Plus+ article;Addressing the Healthcare Gender Gap , Workspan Magazine article;Taking Progressive Steps in Gender-Inclusive Benefits , Workspan Magazine article;Total Rewards Inventory of Programs & Practices , research; For Everyone How Employers Can Address Women’s Growing Job Dissatisfaction , Workspan Daily article;Employers Say They Offer ‘Modern’ Benefits; Workers See It Differently , Workspan Daily article;Employers Can Move Needle on Persistent Physical Health Disparities , Workspan Daily article;Why Caregiver Stress Is a Total Rewards Issue (and Opportunity) , Workspan Daily article; According to the World Health Organization, around 1 in 6 people globally experience infertility —making fertility benefits a highly impactful addition to an employer’s total rewards package.

Workspan Daily article;Report: HSAs May Encourage More Efficient Health Spending , Workspan Daily article;Employers: Urge Workers to Consider HSAs as a Retirement Tool , Workspan Daily article;Employers Say They Offer ‘Modern’ Benefits; Workers See It Differently , Workspan Daily article;Benefit Checkup: What’s the Current Health and Utilization of HDHPs?

“It’s about making sure the provisions in the plans are modern enough to protect the risks of today, not the risks of 10 years ago.”