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Multiple frames of reference that balance both internal with external data points will allow for a well-rounded process.

Industry Variations In Mercer’s study, the technology sector reported above-average compensation budgets, with increases of 3.5% for merit and 3.8% for total compensation, while the healthcare services industry reported below-average increases for merit (3.0%) and total compensation (3.5%).

Total Rewards Communications How strong are your total rewards communications across the board?

For WorldatWork Members 2026 Priorities of Total Rewards Leaders , research;Reimagining Rewards Strategies in the New Landscape of Work , Journal of Total Rewards article;Why It’s Time for a Compensation Philosophy Refresh , Workspan Magazine article;Around the Globe, December 2025-January 2026 , Workspan Magazine article; For Everyone How HR and TR Leaders Can Build Future-Ready Rewards , Workspan Daily article;WorldatWork India Conference Provided Views into Total Rewards’ Future , Workspan Daily article;How New Labor Codes in India Will Reshape Total Rewards Strategies , Workspan Daily article;Geographic Pay Strategies , course;Market Pricing and Competitive Pay Analysis , course; The intertwined challenges of cost-of-living allowances (COLA), currency instability, supply-demand gap, political events and compensation design have elevated total rewards (TR) into one of the most strategic functions in global organizations.

As is the case with other professions that have undergone change, many experts agree that AI’s augmentation and automation capabilities are more likely to replace individual tasks than entire roles, and to create new opportunities and responsibilities for total rewards and HR professionals.

The Journal of Total Rewards Second Quarter 2025 | Volume 34 | No. 2 Explore the next equity frontier -- where analytics help ensure inclusive advancement opportunities.

See Issue Journal of Total Rewards Q1 2021 Inclusion, mental health, societal inequalities and Whole-Person Workplace Values are examined in this issue of the Journal of Total Rewards.

Across industries, employee benefits account for more than 30% of the total employment cost in the United States (U.S.

Maintaining culture as a strategic asset under real financial pressure is the central challenge for HR and total rewards (TR) leaders in 2026.

So much about work — about total rewards — is about the journey and the destination.