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A global benefits strategy (GBS) is a plan companies put into place outlining their benefit structures in countries around the world — helping organizations tailor their total rewards approach to wherever they do business.

In terms of the total shareholder return (TSR) comparator group, the market pointed to the use of an industry index, with 80% of organizations opting for that route.

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;Should we change our weighting on total shareholder return?

.; If you are a compensation professional looking to understand how artificial intelligence (AI) might affect your role, you have a lot to think about from WorldatWork’s Total Rewards’24 conference session, “Is AI the Death of the Compensation Function?”

Consider the following statement from the UK Tribunal report, “Uber’s case is that the driver enters into a binding agreement with a person whose identity he does not know (and will never know) and who does not know and will never know his identity, to undertake a journey to a destination not told to him until the journey begins, by a route prescribed by a stranger to the contract (UBV) from which he is not free to depart (at least not without risk), for a fee which (a) is set by the stranger; and (b) is not known by the passenger (who is told only the total to be paid); (c) is calculated by the stranger (as a percentage of the total sum); and (d) is paid to the stranger.”

Under the agreement, current and former players involved in the case will receive a total $22 million in back pay .

Lowering total pay increases (e.g., prior double-digit increases are not sustainable).

You want to have total concentration.

Understanding the needs of a workforce is an essential first step to improving total population health outcomes and employee engagement in the coming year.