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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; ;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.

For WorldatWork Members ;2026 Priorities of Total Rewards Leaders , research; ;Two TR Leaders Provide a Personal Take on Their 2026 Priorities , Workspan Daily Plus+ article; ;How to Build Employee Trust in the Age of AI , Workspan Daily Plus+ article; ;Total Rewards Inventory of Programs & Practices , research; ;Total Rewards Model: A Guide , tool; For Everyone ;Alignment, Market Competitiveness Are TR Leaders’ Top 2026 Priorities , Workspan Daily article; ;How HR and TR Leaders Can Build Future-Ready Rewards , Workspan Daily article; ;Why Workers Fear AI: It Starts with Leadership , Workspan Daily article; ;Here’s Some Financial Advice: Your Workers Will Pay for It , Workspan Daily article; ;Why Mental Health Should Be a Workplace Strategic Priority in 2026 , Workspan Daily article; Financial and economic stress, job security and artificial intelligence (AI) are the top concerns of American workers, according to a report by consulting firm

More than 85 companies reported revenue performance, turnover rates and change in compensation costs, including incentive and total compensation increases.

For WorldatWork Members ;How to Reduce Rater Bias in Performance Evaluations , Workspan Daily Plus+ article; ;4 Reasons Performance Ratings Aren’t Vital to the Compensation Cycle , Workspan Magazine article; ;Behavioral Performance Assessment: Turning the Painful into the Productive , Journal of Total Rewards article; ;Incentives and Recognition: An Evidence Review , Journal of Total Rewards article; ;Performance Review Builder , tool; For Everyone ;How to Mitigate Bias in the Performance Review Process, Workspan Daily article; ;Tips for Adjusting Compensation During Performance Reviews , Workspan Daily article; ;Improve Performance Management with Frequent Communication and Transparency , Workspan Daily article; ;Speak Candidly and Stick to Objectives During Performance Reviews , Workspan Daily article; Are performance review systems broken?

For WorldatWork Members ;ESG Metrics Expanding in Executive Compensation , Journal of Total Rewards article; ;Five Thought Leaders Dive Deeper Into Executive Compensation Issues , Journal of Total Rewards article; ;Are Complex Pay Systems Hurting Executive Comp?

In December, total employer compensation costs for state and local government workers averaged $63.46 per hour.

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; ;Employee Recognition; ;Finance and Budgeting; ;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.

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; ;Employee Recognition; ;Finance and Budgeting; ;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.

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Presenter Joshua Lemon Senior Director of Global Total Rewards Resideo Josh Lemon is a seasoned Total Rewards professional with over 20 years of experience, specializing in compensation, benefits, and performance management.