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Workspan Daily article;Total Rewards Competitiveness Analyzer: Understand How You Stack Up , Workspan Daily Plus+ article;How to Understand What Matters Most to Job Candidates , Workspan Daily Plus+ article;Trends in Workplace Flexibility , research; For Everyone EBSA Rescinds Guidance on Cryptocurrency in 401(k) Plans , Workspan Daily article;Blockchain Can Enhance Organizational Processes and Rewards , Workspan Daily article;Beyond Borders: Navigating Global Pay Transparency, Equity and Compensation Management , webinar;Essentials of Compensation Management , course; With a U.S. presidential administration strongly supporting digital currency — perhaps most visible with President Donald Trump’s March 6 executive order to establish a strategic bitcoin reserve and a national digital asset stockpile — might now be the time to scroll ahead and get ready for when your employees ask to be paid in cryptocurrency?

Workspan Daily article; Financial services company Goldman Sachs Ayco recently analyzed the benefits and compensation offerings at more than 400 client companies and found those respondents are increasingly allowing employees to convert paid time off (PTO) into an equitable cash value directly applied toward: ;Student loan payments; ;401(k) accounts; ;Health savings accounts (HSAs); ;Charitable contributions, including donating time to other employees; ;529 plan contributions; ;Monetary payouts; In addition, the Goldman Sachs Ayco report showed more than 25% of these companies have a PTO purchase program, which allows employees to buy and sell their vacation days.

There is the fiduciary duty to analyze whether or not to offer the option of private funds to your plan participants but then also the fiduciary duty of making sure your plan participants are protected, informed and understand how the investments work and who the fund sponsors are.”

.; ;Regularly analyze your pay structures and salary ranges to ensure they’re fair, honest and aligned with external data, and be prepared to explain and defend them.

While AI can quickly conduct research and analyze data, Vaillancourt said it falls short at parsing nuance, applying judgment or zeroing in on what matters most.

Analyzing 1,070 public companies across 18 markets, the data found up to 81% of global organizations now tie executive compensation to people-related metrics, such as employee retention and turnover.

For example, it’s essential to be able to analyze annual sales rep performance and pay data to help evaluate how the current plan is performing and where potential areas are for improvement.

Rossi: The answer varies significantly by industry, customer type — such as business-to-business versus business-to-consumer — and sales role, but some fairly common tactical sales compensation changes that may last in the long term include simplifying plans to two measures (three maximum), to enable agility with less to analyze/change, ensure better administration, and reduce goal-setting pressure and workload for sales operations as well as sales.

Experts offer advice on analyzing plan value and SECURE 2.0 Act provisions.

We’re constantly analyzing and adjusting the different elements that both create and support a balanced approach to rewarding people in totality for their work.