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To get the most out of this course, you will need to have working knowledge of the WorldatWork Total Rewards model, compensation fundamentals of a Total Rewards strategy and an understanding of labor regulations.

.; “If companies conduct an analysis only on base pay, they could be leaving out important elements of total compensation,” said Emily Cervino, CEP, head of industry relationships and thought leadership at Fidelity Stock Plan Services.

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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 Experience; ;Total Rewards; #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 The Trust Equation: Building Trust Through Total Rewards , Workspan Daily Plus+ article;Take These Three Steps to Mitigate Employee Distrust , Workspan Daily Plus+ article;How to Incorporate Skills into Rewards and Recognition , Workspan Daily Plus+ article;Conquering Change Fatigue , Workspan Magazine article;The Role of Total Rewards in Managing Change Fatigue , Workspan Magazine article; Productivity is a measure of efficiency — the ratio of output to input.

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

The Journal of Total Rewards 32(3).

Nike to Cut About 2% of Workforce Nike will cut about 2% of its total workforce, or more than 1,600 jobs, according to the Wall Street Journal .

The total sales for a particular territory are totaled and divided equally by the number of salespersons in that territory.

For WorldatWork Members ;Why Executive Compensation Is Following the Crowd and Why That Matters , Workspan Magazine article; ;Exploring Executive Compensation Decision Making , Journal of Total Rewards article; ;Five Thought Leaders Dive Deeper Into Executive Compensation Issues , Journal of Total Rewards article; ;Are Complex Pay Systems Hurting Executive Comp?