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Last year, Daniel Harding, director of global total rewards at Plug Power Inc., started working with the company’s PBM on a program through which pharmaceutical companies meet with doctors to discuss the importance of taking cost into consideration, particularly for employees with expensive specialty drugs.

.; 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; ;Finance and Budgeting; ;Well-Being; #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; ;Equitable and Diverse Workplaces; ;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.

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Review and adjust board succession strategies to address changes in organizational needs and any new or emerging director skills the board may lack.; 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: ;Executive 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.

Zollo also noted if an employer doesn’t cover weight-loss GLP-1s today, these programs may seem like an economical way to add the coverage, but HR and total rewards professionals should consider the number of organizational employees that would seek coverage for these drugs to understand total cost.

Total Rewards Statements Total reward statements (TRS) are a way of showing employees the value of other elements of their rewards package, such as pensions, medical insurance, annual leave and company shares, alongside pay.

Total rewards and benefits leaders can play a key role in finding solutions that lead to greater equity.

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