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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.

Combined, open-ended and exchange-traded mutual funds accounted for 98.6% of total investment company assets in 2018.

The outputs of those (actions) are our people-related programs like total rewards management.

For WorldatWork Members ;Childcare Benefits: Addressing Cost and Accessibility , Workspan Magazine article; ;Torn Between Work and Care , Workspan Magazine article; ;Family Time: Giving New Parents a Hand , Workspan Magazine article;2026 State of Rewards Report , research;2026 Total Rewards Leader Priorities , research;Compensation Programs and Practices , research;Total Rewards Inventory of Programs and Practices , research;For Everyone; ;As COVID Subsidies End, Employers Should Consider Childcare Benefits , Workspan Daily article; ;Multigenerational Workforce Sharpens Employer Focus on Care Benefits , Workspan Daily article; ;Beyond Parental Leave: Ways to Support Moms Returning to Work , Workspan Daily article; ;Stemming the ‘She-cession’ with Lifestyle Benefits , Workspan Daily article; Childcare — or the lack of it — is increasingly becoming a factor that prohibits some parents from joining or staying at an organization.

For WorldatWork Members ;Skills-Based Mentoring: An Efficient Way to Build Skills , Workspan Daily Plus+ article; ;How Apprenticeships Can Help Organizations Gain Skilled Workers , Workspan Daily Plus+ article; ;A Step-by-Step Guide to One Skills-Based Org Lever TR Can Pull , Workspan Daily Plus+ article; ;Career Curation: How Total Rewards Can Drive Skills Portfolio Building , Workspan Daily Plus+ article; For Everyone Else ;Organizations Are on the Skills Bandwagon; How TR Can Drive It , Workspan Daily article; ;How Total Rewards Can Close the Work Experience/Readiness Gap , Workspan Daily article; Recent reports show that half of HR leaders see skills shortages as a top corporate threat in the coming year, and experts predict 70% of the skills used in most jobs will change by 2030.

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; ;Employee Experience; ;Well-Being; ;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.

Make Sure You’re Not Breaking Any Rules , Workspan Daily Plus+ article;Total Rewards Inventory of Programs & Practices , research;Total Rewards Model: A Guide , tool; For Everyone Is the Lunch Break as an Employee Benefit … Broken?

As Fulmer and Li (2022, p. 158) summarized, “we know little about antecedents of organizations’ decisions regarding their overall total rewards system or practices, or about organizational consequences of total rewards systems.”