Searching Compensation on page 135

Alicia Scott-Wears, a compensation content director at WorldatWork, provided these thoughts.

WHAT WE BELIEVE, KNOW AND NEED TO KNOW As a component of total compensation, employee benefits are important to employees.

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; ;Employee Compensation; ;Employee Experience; ;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.

Effectively cover the comprehensive corporate offering — executive and C-suite compensation, personalized salary increases, holistic wellness, AI-driven analytics, and digital-first reward design blending pay, recognition and flexibility.; ;Human-machine collaboration.

Non-HR CHROs will obviously lack a deep understanding of and expertise in employment law , compensation, talent management, organizational psychology and more, and will likely underestimate the complexity of HR practices.

.; ;Review equity in pay and promotions and review compensation structures to support financial wellness.; ;Provide ergonomic assessments and resource allocation audits to ensure employees have what they need to do their best work.; ;Be transparent.

Experts agree it’s about more than just what’s on your organization’s compensation and rewards menu.

“This shows that retention and recruitment can no longer rely solely on compensation or career growth,” said Andrew Shatte, the chief knowledge officer and cofounder of meQuilibrium, a workforce performance, engagement and well-being platform.

For WorldatWork Members Voluntary Benefits’ Value Is Based on Integration into TR Package , Workspan Daily Plus+ article;ERISA Safe Harbor: The 4 Rules for Voluntary Benefits , Workspan Daily Plus+ article;5 Ways You Can Reduce Workers’ Open Enrollment Regret , Workspan Daily Plus+ article;Total Compensation Statement Builder , tool;Total Rewards Inventory Checklist , tool;Total Rewards Inventory of Programs & Practices , research; HR professionals are well acquainted with the challenges of promoting high-deductible health plans (HDHPs) to their company’s U.S. employees.

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