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In each issue of Workspan , we “Ask the Experts” to gather insights from thought leaders and industry authorities on total rewards challenges and current workforce issues that are top of mind for you.

According to WorldatWork’s “ 2022 Total Rewards Inventory Programs and Practices Survey ,” paid parental leave was offered by 70% of organizations in 2022, which is up 13% from 2019.

“In the past, when candidates would negotiate their vacation days, they would always bring the same arguments — 'I have X years of experience' and 'I’m getting X weeks of vacation at my current company' — and those are very fair arguments,” said Maaike van Gogh, senior total rewards and data specialist with Alimentiv.

Many HR and total rewards professionals would define a lateral job change as one that moves an individual from one position to a similar position within another team or department , and the new position has the same or is at least very similar in scope and the nature of responsibilities as the prior position.

.; 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; ;Equitable and Diverse Workplaces; ;Finance and Budgeting; ;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.

To retain top performers and engage employees, HR and total rewards leaders can learn from past decisions to help design and deliver innovative compensation strategies today and in the future.

For 2023, expected tech industry total salary increase budgets remain higher than the general industry, and 27% of survey respondents expect a total base pay increase budget over 6%. 2023 Bonuses Notwithstanding tech sector headwinds, six of 10 companies expect funding for bonus payouts made in 2023 (for 2022 performance) to be at 100% of target or better.

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

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

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