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“AI is reshaping job roles, automating tasks and creating demand for new capabilities, making it essential to redefine job structures, career paths and compensation strategies accordingly.

It was poorly designed and poorly executed.

Those who continue separate strategies on compensation, benefits, well-being and career will dampen the organization’s ability to create and preserve value sustainably.; Reuse Permission Amid new economic headwinds, the strong push by employers to invest in people in 2022 will likely shift to a more cautious undertone in 2023.

Check out additional Workspan Daily interviews with Total Rewards ’25 speakers: ;How An Industry Leader Sees Technology Transforming Total Rewards; ;Biopharma Compensation Leader Has Put AI Under the Microscope;Using Analytics, Innovative Framework to Transform HR/Total Rewards; Arnold: Where do total rewards functions typically fall short when it comes to their well-being programs and offerings?

For lower-income individuals, having access to childcare benefits may be just as good as pocketing more cash — an example of how non-compensation rewards can be a viable alternative for companies that face challenges in paying a living wage.

Lori Shannon, a Chicago-based partner in Barnes and Thornburg’s benefits and compensation practice group, foresees more employers using wellness programs to offer premium incentives, i.e., discounts, to participants in their group health plans for receiving COVID-19 vaccinations, rather than imposing penalties for passing on the vaccine.

“When the pandemic started, many online travel agencies had their call centers flooded with customer requests to cancel trips and check on eligibility for refunds,” said Sun, a global compensation advisor with Expedia Group.

I think it’s super easy to get transaction [focused] in the TR space, and it’s really important that you understand compensation and benefits are incredibly personal to people and their families, and it’s important to remind yourself and your team of that regularly as you scale a people-focused team.

For WorldatWork Members Total Rewards Inventory of Programs & Practices , research;Compensation Structure Policies and Practices , research;Total Rewards Inventory Checklist , tool; For Everyone Address Mental Health Disparities in Your Workplace , Workspan Daily article;Designing Inclusive Technology That Meets All Your Employees’ Needs , Workspan Daily article;Committing to Pay Equity , course; Reuse Permission Once their service is complete, many military veterans can face their toughest assignment yet as they transition from active duty to civilian life.

For WorldatWork Members High Potential: The Power of Job Rotation, Shadowing and Stretch Goals , Workspan Daily Plus+ article;Strategies for Redesigning Corporate Learning in the New World of Work , Workspan Magazine article;Using Analytics to Fully Assess and Close the Pay Gap , Journal of Total Rewards article;Compensation Committee Toolkit , tool; Reuse Permission Mention the word “portfolio” and you may think of an artist’s collection of their work, a writer’s published content or even an investment advisor’s presentation of a client’s collected assets.