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For WorldatWork Members The Mental Health Parity ‘Dream’: How You Can Support Your Employees , Workspan Daily Plus+ article;Workplace Well-Being Deserves a Fresh Look , Journal of Total Rewards article;Workplace Well-Being Trends , research; For Everyone 5 Ways You Can Raise Organizational Awareness of Mental Health , Workspan Daily article;Boost EAP Usage to Address Mental Health Support , Workspan Daily article;Despite Greater Mental Health Needs, Frontline Workers Less Likely to Seek Help , Workspan Daily article; This is part two of a two-part series examining health disparities and the workplace.

The sum of points across the factors provides a point total that defines the relative value of a position.

For retailers, labor cost generally accounts for 10% to 20% of total sales and sometimes even more than 50% of total operational cost (Madhani 2021c).

While the results vary somewhat by industry, our research shows that annual incentive bonus payouts often do not relate well to total shareholder return (TSR) — a metric that tracks total value creation by measuring share price appreciation plus the effect of dividends paid out.

In 2021, food services had far and away the most violations , with DOL logging 4,237 cases — resulting in a total of $34,741,032 in fines and 29,209 employees affected.

While cost of labor is a rising factor, employers shouldn’t downplay the importance of cost of living, according to Nancy Romanyshyn, senior director of total rewards strategy and solutions at Syndio.

Missteps in this area may make a successful cyberattack much more fraught — hackers likely would not only have access to data typically held by HR and total rewards professionals (e.g., addresses, Social Security numbers, dates of birth, banking information), but hackers may also be able to create believable video or audio of those employees to impersonate them more easily.

Workspan Magazine article;Employers Ready to Shuffle Health, Well- B eing Partners , Workspan Magazine article;How to Calculate the ROI on Your Wellness Program , Journal of Total Rewards article;Workplace Well-Being Trends , WorldatWork research ; ; You’ve spent plenty of time and energy crafting your organization’s wellness benefits.

Perhaps most notable for total rewards professionals are the: ;NLRB , which enforces the National Labor Relations Act (NLRA), conducts elections to determine union representation and investigates allegations of unfair labor practices (e.g., wages, pay rates, working hours, work conditions).; ;EEOC , which enforces federal laws that prohibit employment discrimination in numerous areas (e.g., hiring, firing, promotions, harassment, training, wages, benefits).; ;Pension Benefit Guaranty Corporation (PBGC), which was created by the Employee Retirement Income Security Act of 1974 (ERISA) to encourage the continuation and maintenance of voluntary private defined benefit pension plans, provide timely and uninterrupted payment of pension benefits, and monitor pension insurance premiums.; ;Securities and Exchange Commission (SEC), which requires public companies to disclose how much they pay their executives, and how that pay relates to corporate financial performance.; ;Social Security Administration

What Does That Mean for Total Rewards?