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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: ;Career Growth; ;Employee Benefits; ;Employee Compensation; ;Employee Experience; ;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.

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.

The survey of more than 800 U.S. organizations showed employers delivered an average merit increase of 3.2% and a total increase of 3.5%, which encompasses all salary increases, including merit, promotional, cost-of-living and other adjustments, in 2025.

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 Benefits; ;Employee Experience; ;Total Rewards; ;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.

For WorldatWork Members Making the Case for Paid Internships , Workspan Magazine article;Attracting New Graduates: A Readiness Assessment , Workspan Daily Plus+ article;How Apprenticeships Can Help Organizations Gain Skilled Workers , Workspan Daily Plus+ article;Career Curation: How Total Rewards Can Drive Skills Portfolio Building , Workspan Daily article;Skills-Based Mentoring: An Efficient Way to Build Skills , Workspan Daily Plus+ article; For Everyone Are You Speaking Gen Z’s Language When It Comes to Total Rewards?

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An example analysis might compare a company’s relative three-year CEO CAP and three-year total shareholder return (TSR) relative to a compensation peer group.

“The drugs make people healthier and likely improve productivity, but even with all of these medical benefits, they will not lower total medical expenditures,” he said.