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How has this growing priority influenced your total rewards strategy in recent times?

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; ;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 Great Benefits Reset: Value, ROI Lead Strategic Influences Ahead , Workspan Magazine article;Utilizing Benefits to Strategically Foster Employee Engagement , Journal of Total Rewards article;How to Understand What Matters Most to Job Candidates , Workspan Daily Plus+ article;Benefits Pulse: A Guide to Listening, Learning, and Leveling Up , tool;Total Rewards Inventory of Programs & Practices , research; For Everyone Employers Aim for a Benefits Bull’s-Eye But Frequently Miss the Mark , Workspan Daily article;Employers Say They Offer ‘Modern’ Benefits; Workers See It Differently , Workspan Daily article;Benefits Outsourcing: Selecting, Contracting and Managing Service Partners , course;The Future of Direct Care in Employee Benefits , on-demand webinar; For today’s workers (and job seekers), the bottom line extends beyond the total on their paycheck.

See Issue Journal of Total Rewards Q4 2023 This issue of the Journal of Total Rewards focuses on teaching and communicating Total Rewards to employees.

See Issue Journal of Total Rewards Q1 2024 Artificial intelligence (AI) and its role in enhancing and improving total rewards is our focus in this issue of The Journal of Total Rewards.

Total rewards (TR) professionals need to comprehend the magnitude and impact of this trend.

Save Reuse Permission The articles in this issue of the Journal of Total Rewards (JTR) originated in the 8th Reward Management Conference in Brussels in December 2022.

For WorldatWork Members Reimagining Rewards Strategies in the New Landscape of Work , Journal of Total Rewards article;Leveraging Total Rewards to Defeat the Four Horsemen of RTO , Journal of Total Rewards article;Total Rewards Inventory of Programs and Practices , research; NEW!

For this purpose, Workspan Daily provides the following spreadsheet tool to enable calculations for three total rewards ratios: ;The salary competitiveness ratio (SCR);; ;The total cash competitiveness ratio (TCCR); and,; ;The benefits competitiveness ratio (BCR).; These ratios can give you a vantage point on how your organization’s pay and benefits (for individuals or groups) compare to the market or a competitor.

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