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The formula is: total participant contributions divided by the total salary of all eligible employees times 100.

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 Compensation; ;Finance and Budgeting; ;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.

Workspan Daily Plus+ article;Checklist: Evaluating EVP Delivery Across Work Arrangements , Workspan Daily Plus+ article;How to Increase Engagement Among Remote Workers , Workspan Daily Plus+ article;Leveraging Total Rewards to Defeat the Four Horsemen of RTO , Journal of Total Rewards article; For Everyone Supportive Work Environments Are Key to Organizational Success , Workspan Daily article;Research Shows Remote, Hybrid Work Morphing Total Rewards Strategies , Workspan Daily article;Quid Pro RTO: Will Raises to Return Be All the Rage?

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 Compensation; ;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.

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: Total Rewards ;Organizational Performance ;Career Growth;

For WorldatWork Members ;Internal Talent Marketplaces Get a Boost from AI , Workspan Magazine article; ;TR Is Key to Successfully Integrating AI and Work , Journal of Total Rewards article; ;AI Copilots: Improving the HR Experience for Employees , Journal of Total Rewards article; ;Mini-study: Emerging Insights on AI in Total Rewards , research; Like the business world, a healthy organization is complex and interconnected; no department can remain isolated.

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 Experience; ;Employee Recognition; ;Total Rewards; ;Workforce Engagement; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

Employee Benefits Total Rewards Well-Being Survey Results In December 2023-January 2024 , WorldatWork field ed a brief study to update our data on which U.S. holidays organizations are offering, whether they offer alternative work schedules, and how they structure and manage paid leave .

Workspan Magazine article;5 Minutes With … Michael Horne, Dow’s Global Rewards Leader , Workspan Magazine article;Financial Reporting 101 for Total Rewards Pros , Workspan Daily Plus+ article;Emphasize the Value of Total Rewards During Economic Uncertainty , Workspan Daily Plus+ article;How to Calculate the ROI on Your Wellness Program , Journal of Total Rewards article;2026 Priorities of Total Rewards Leaders , research;WorldatWork KPIs and Business Formulas , tool; When the company’s chief financial officer (CFO) starts talking about the need for spending cuts, your HR department budget is often a prime target.

Action steps include: ;Build job architecture and consistent job leveling , since it’s the prerequisite for downstream efforts toward pay transparency.; ;Train managers on how to lead performance and compensation conversations ; such discussions should be done in tandem, not separately.; ;Expand transparency to pay ranges and market definitions ; trust and credibility likely won’t come if employees don’t have the right context.; ;Deploy TR statements to give employees a full view of compensation value.; ;Leverage purpose-built AI in compensation analysis , where it can surface compression and equity gaps before they become retention problems.; 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 Compensation; ;Total Rewards; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly