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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 Experience; ;Finance and Budgeting; ;Total Rewards; ;Workforce Engagement; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

This strategy requires the expertise of professionals trained in Total Rewards policy, planning and implementation.

Industry Variations In Mercer’s study, the technology sector reported above-average compensation budgets, with increases of 3.5% for merit and 3.8% for total compensation, while the healthcare services industry reported below-average increases for merit (3.0%) and total compensation (3.5%).

For WorldatWork Members ;Career Well-Being: Investing in Employees Key to Doing Business Today , Journal of Total Rewards article; ;How Total Rewards and Career Development Go Hand in Hand , Workspan Daily Plus+ article; ;How to Incorporate Skills into Rewards and Recognition , Workspan Daily Plus+ article; ;Boost Usage of Mental Health Benefits Through Peer Storytelling , Workspan Magazine article; As HR and total rewards (TR) professionals deploy strategies to combat employee burnout and increase engagement, they often must do so without requiring significant financial investments.

For WorldatWork Members ;Five Emerging Workplace Trends Affecting the Employee Experience , Journal of Total Rewards article; ;Embedding Whole-Person Workplace Values into Traditional HR Activities , Journal of Total Rewards article; ;Employee Engagement: Drivers, Measures and Outcomes , Journal of Total Rewards article; Respect at work for U.S. employees is at an all-time low, according to Gallup .

For WorldatWork Members Retirement Booster , Workspan Magazine article;Helping Employees Secure Their Retirement Future , Journal of Total Rewards article;Retirement Plans — Design Considerations & Administration , course; Whether employees look forward to retirement or not, understanding their financial landscape can be overwhelming.

The Journal of Total Rewards Second Quarter 2025 | Volume 34 | No. 2 Explore the next equity frontier -- where analytics help ensure inclusive advancement opportunities.

As is the case with other professions that have undergone change, many experts agree that AI’s augmentation and automation capabilities are more likely to replace individual tasks than entire roles, and to create new opportunities and responsibilities for total rewards and HR professionals.

For WorldatWork Members Total Rewards Inventory of Programs & Practices , research;How to Calculate the ROI on Your Wellness Program , Workspan Magazine article;Total Compensation Statement Builder , tool; For Everyone Most of Your Workers Will Likely Regret Their Open Enrollment Choices , Workspan Daily article;Cost-Saving Behavior Is Increasing, Even for Low-Deductible Health Plan Enrollees , Workspan Daily article;Employers: Urge Workers to Consider HSAs as a Retirement Tool , Workspan Daily article;Health and Welfare Plans: Plan Types and Administration , course; While U.S. worker enrollment has tailed off a bit compared to the recent past, experts say high-deductible health plans (HDHPs) along with consumer-directed health plans (CDHPs) still represent an important option within the total rewards continuum.

So much about work — about total rewards — is about the journey and the destination.