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For total rewards (TR) professionals, there are various factors to evaluate before reducing or ending initiatives focused on equitable and diverse workplaces.

In the dynamic area of Total Rewards, Danielle’s job challenges her to understand in detail the local economic conditions, inflation, turnover, culture, the competitive landscape, legislation aspects and best practices in Total Rewards in multiple countries.

For WorldatWork Members Navigating Complexities of Pay Equity Gap Analysis Methods , Workspan Magazine article;Making Your Rewards Total Through Equity , Workspan Magazine article;The Next Equity Frontier: Analytics to Ensure All Have Opportunity to Progress , Journal of Total Rewards article;The Potential Dangers of Aggregated Statistics , Journal of Total Rewards article;Engage Community , peer engagement and connection platform; For Everyone ‘Neither Dead nor Dying’: Studies Explore the Current State of DEI , Workspan Daily article;Demonstrate Equity and Diversity by Reinvesting in Employees , Workspan Daily article;Pay Equity: Focus Is on ‘What’ and ‘How,’ But Don’t Forget the ‘Why,’ Workspan Daily article;Are DEI Metrics in Executive Incentive Plans Gone for Good?

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; People naturally form their closest relationships in shared environments — from family gatherings and school activities through to their professional lives, where they likely spend 40-plus hours each week with the same coworkers.

Pay Equity Planning Guide Save In the era of pay transparency, Total Rewards teams are challenged with how to plan for pay equity, including issues like explaining the fairness of pay decisions, coaching leaders on how to talk about the organization's commitment, and reporting to boards about their process methodology.

For WorldatWork Members ;Leveraging Total Rewards to Defeat the Four Horsemen of RTO , Journal of Total Rewards article; ;Checklist: Evaluating EVP Delivery Across Work Arrangements , Workspan Daily Plus+ article; ;Workplace Models: How Are Organizations Maximizing Them?

For WorldatWork Members Making Your Rewards Total Through Equity , Workspan Magazine article;How to Reduce Risk, Maintain Value of Diversity and Equity Programs , Workspan Daily Plus+ article;The Next Equity Frontier: Analytics to Ensure All Have Opportunity to Progress , Journal of Total Rewards article;The Potential Dangers of Aggregated Statistics , Journal of Total Rewards article;A Management Primer on the Basis for Pay Equity , Journal of Total Rewards article;Pay Equity Laws by State — Are You in Compliance?

Although the survey is global and includes many multinational organizations, 92% of the participating organizations were from North America, with 86% of the total responses from the United States.

For total rewards professionals shaping compensation strategy, this shift offers a challenge and an opportunity: navigating an increasingly complex set of best practices and creating opportunities for companies to refine their LTI strategy in support of their own strategic business objectives.

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 Compensation ;Finance and Budgeting ; FREE Newsletter FREE E-newsletter Subscribe to Workspan Weekly for news on trends and compliance in Total Rewards, compensation and benefits.