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As a result, some elements are underestimated or ignored, such as pensions, benefits and share awards, which are a much higher proportion of senior employees’ total rewards.

WorldatWork’s “ Total Rewards Inventory Programs and Practices ” survey found 56% of employers offered paid sick leave in 2021, while 42% offered paid medical or caregiver leave and 66% offered paid parental leave.

Firms with more than 100 million kroner ($9.4 million) in total operating and financial income will be covered initially, a threshold that will drop to include those with income in excess of 50 million kroner.

For WorldatWork Members Data Innovation in the Era of AI , Workspan Magazine article;TR Is Key to Successfully Integrating AI and Work , Journal of Total Rewards article;AI and the Skills Evolution: Where the Total Rewards Function Fits In , Workspan Daily Plus+ article;How to Identify Root Causes of Gender Pay Inequity , Workspan Daily Plus+ article; Artificial intelligence (AI) can be an excellent tool for total rewards (TR) professionals, as it can process large amounts of data within seconds and provide recommendations for compensation-related decisions.

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; ;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.

For WorldatWork Members Anatomy of a Wellness Program: Ensuring Regulatory Compliance , Workspan Daily Plus+ article;How to Calculate the ROI on Your Wellness Program , Journal of Total Rewards article;Workplace Wellness: Best Practices Study , Journal of Total Rewards article;Workplace Well-Being Trends , research; For Everyone Wealth Through Health: The Benefits of a Stronger Well-Being Program , Workspan Daily article;Mercer: Health Benefit Cost Jump Will Hit 15-Year High in 2026 , Workspan Daily article;Employee Well-Being Is Faltering: What’s the Cause?

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 Recognition; ;Organizational Performance; ;People Analytics; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

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; ;Organizational Performance; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

For WorldatWork Members ;How to Reduce Rater Bias in Performance Evaluations , Workspan Daily Plus+ article; ;4 Reasons Performance Ratings Aren’t Vital to the Compensation Cycle , Workspan Magazine article; ;Behavioral Performance Assessment: Turning the Painful into the Productive , Journal of Total Rewards article; ;Incentives and Recognition: An Evidence Review , Journal of Total Rewards article; ;Performance Review Builder , tool; For Everyone ;How to Mitigate Bias in the Performance Review Process, Workspan Daily article; ;Tips for Adjusting Compensation During Performance Reviews , Workspan Daily article; ;Improve Performance Management with Frequent Communication and Transparency , Workspan Daily article; ;Speak Candidly and Stick to Objectives During Performance Reviews , Workspan Daily article; Are performance review systems broken?

For WorldatWork Members ;Teaching Employees About Pay Helps Avoid Transparency Problems , Journal of Total Rewards article; ;Answers to Common Employee Questions on Pay Transparency , Workspan Daily Plus+ article; ;How Employers Can Structure and Communicate Appropriate Pay Bands , Workspan Daily Plus+ article; ;2024-2025 Salary Budget Survey , research; One of the top three challenges organizations face in implementing pay transparency is a lack of manager capabilities to understand and explain compensation programs and practices, according to Mercer’s Global Pay Transparency Report.