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A recent research report by caregiving provider Helpr found that lack of access to family care benefits annually contributes to an estimated $1 trillion in costs associated with voluntary turnover, while employees’ care, if compensated, would add up to another $1 trillion each year.

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Recertification is more than maintaining a credential — it's reinforcing your expertise, staying current in a dynamic field and demonstrating your ongoing commitment to excellence in Total Rewards, Compensation and Benefits.

Recertification is more than maintaining a credential — it's reinforcing your expertise, staying current in a dynamic field and demonstrating your ongoing commitment to excellence in Total Rewards, Compensation and Benefits.

Tangible Considerations Organizations often view interim workers as less expensive than permanent employees because they don’t carry the ongoing compensation costs nor do they pay benefits or payroll taxes, which average about 31% of total compensation (U.S.

Kumar Kymal, managing director and global head of compensation and benefits at The Bank of New York Mellon, noted that humans have an innate need to interact with one another and without the ability to do so in-person, being able to see each other via video is crucial to optimize those interactions.

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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: Employee Benefits ; Be the First to Know Get the latest news on trends and compliance regarding Total Rewards, compensation and benefits delivered straight to your inbox from WorldatWork's experienced publications team.

Keep Care Affordable Even as healthcare costs continue to climb, employers should still offer and expand health and well-being benefits because they are critical components in a total compensation package, said Karen Frost, the vice president of health strategy at Alight, a human capital data and technology company.