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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: ;Career Growth; ;Employee Experience; ;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.

A total of 693 responses were received, representing organizations of different sizes and across multiple industries.

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.

Nike to Cut About 2% of Workforce Nike will cut about 2% of its total workforce, or more than 1,600 jobs, according to the Wall Street Journal .

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.

For WorldatWork Members Easy AI Tips to Improve Benefits Communications , Workspan Daily Plus+ article;Emphasize the Value of Total Rewards During Economic Uncertainty , Workspan Daily Plus+ article;The What, How and Why of Performing a Cost-Benefit Analysis , Workspan Daily Plus+ article;Total Rewards Inventory of Programs & Practices , research;Benefits Strategy Guide , tool; Year-end deadlines affect many employee benefits through use-it-or-lose-it provisions, elective contribution maximums and incentive qualification requirements.

This synergized strategy constitutes a Total Rewards Empowerment approach of fostering a deeper employee understanding of organizations’ total rewards, contributing to better employee decisions and enhanced total rewards ROIs.