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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 Benefits; ;Employee Compensation; ;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.

Learn: Total Rewards Management It’s also important to recognize compensation is just one of many elements that make up a company’s total rewards package.

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

For WorldatWork Members Total Rewards Inventory of Programs & Practices , research;Compensation Committee Toolkit , tool;Exploring Executive Compensation Decision Making , Journal of Total Rewards article; For Everyone What’s Topping Compensation Committee Agendas in 2025?

"Coupled with higher wages and the expansion of hours, these investments have not only resulted in lower turnover ... but have also increased hourly total cash compensation by nearly 50% since fiscal year 2020," the company said in a statement.

For WorldatWork Members 2023 Total Rewards Inventory of Programs & Practices , research;Helping Employees Secure Their Retirement Future , Journal of Total Rewards article;Employer-Sponsored Student-Loan Repayment Benefits , Journal of Total Rewards article;Revisiting Retirement Benefits , Workspan Magazine article; With student loan debt in the U.S. totaling more than $1.7 trillion — and related stress significantly impacting workers’ mental health, productivity and retention — employers are increasingly exploring how to use total rewards to offer some relief.

For WorldatWork Members ;2025 Priorities of Total Rewards Leaders , research; ;Steps You Can Take to Deliver to the Employee Value Proposition , Workspan Daily Plus+ article; ;Should Your Next Total Rewards Professional Come from Finance?

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.

Access bonus Workspan Daily Plus+ content on this subject: A Step-by-Step Guide to One Skills-Based Org Lever TR Can Pull;Career Curation: How Total Rewards Can Drive Skills Portfolio Building; As the shift to a skills-based organization encompasses the full employee lifecycle — from recruitment, interviewing and hiring to learning, development and advancement — the total rewards offering (compensation, incentives, promotions and more) is a foundational tool from start to finish.

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.