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A small but growing total rewards trend is looking to combat that issue.

Relocation benefits remain a tool for total rewards professionals to recruit top talent in hands-on industries such as healthcare and manufacturing.; After falling to a record low of 1.5% in the fourth quarter of 2023, the percentage of U.S. workers relocating for new jobs increased to 2.4% in the first quarter of 2024, according to a new quarterly report published by Challenger that surveyed 3,000 job seekers across the country.

For WorldatWork Members Total Rewards Inventory of Programs & Practices , research;5 Health Benefits Trends Come into Focus for 2024 , Workspan Magazine article;Navigating Employees’ Serious Medical Needs , on-demand webinar;Total Rewards Inventory Checklist , tool; As the demand for glucagon-like peptide-1 (orGLP-1) drugs increases, and the potential applications of them continue to expand (from diabetes management to obesity and beyond), employers are weighing both the cost of covering the medications and the potential long-term benefit (to employees and the organization).

For WorldatWork Members ;College Recruiting and Employment Decisions: What Total Rewards Messages Matter Most This Year?

People who are ambitious, confident in their ability and willing to put their all into their work might be willing to accept a lower salary (certain income) if there is a greater incentive opportunity tied to performance that might result in higher total direct compensation.

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

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: Sales Compensation ; FREE Newsletter FREE E-newsletter Subscribe to Workspan Weekly for news on trends and compliance in Total Rewards, compensation and benefits.

Following legislation passed last year mandating that employers reveal the pay of men and women employees, the report found the median total pay gap was 19% in favor of men, while the difference in median base pay was 14.5% and in average total pay was 21.7%.

More than 1,000 total rewards professionals attended a WorldatWork webinar on the DOL’s recent overtime final rule.