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According to Michael Piker, the vice president of global total rewards at cosmetics company Shiseido, annual benefits selection introduces a “maze of complexity for employees trying to make an informed decision,” but total rewards (TR) professionals are discovering that AI tools — when integrated strategically and thoughtfully — can provide valuable assistance to both the worker and the employer.

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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; ;Employee Recognition; ;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.

Merge the depth of close-to-home connections with the breadth of our vast global network of Total Rewards professionals and get ready to take on the world with confidence!

Fisher stated it’s another tool to help total rewards professionals attract top talent who value flexibility .

For WorldatWork Members What’s Working in Total Rewards, October-November 2024 , Workspan Magazine article;How Sharing Real-Time Data Elevates EY’s Well-Being Strategy , Workspan Magazine article;Five Emerging Workplace Trends Affecting the Employee Experience , Workspan Magazine article;Workplace Wellness: Best Practices Study , Journal of Total Rewards article; For Everyone Employers Look to Balance Rising Health Costs, Benefit Upgrades in 2025 , Workspan Daily article;Lifestyle Savings Accounts: An Emerging Benefit to Attract and Retain Talent , Workspan Daily article;U.S.

According to a CNBC report , the Meta board committee approved the change after determining the “target total cash compensation” for its executives “was at or below the 15th percentile of the target total cash compensation of executives holding similar positions” at peer companies like Amazon and Apple.The updated bonus plan does not apply to Meta CEO Mark Zuckerberg.

“Unless the Court goes much further than expected, I don’t think HR and total rewards leaders will see much direct impact,” Stanton said.

The applications are numerous, and include work-life harmony, health and well-being, and total rewards.