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For WorldatWork Members Modernizing Pharmacy Benefits: A Total Rewards Opportunity , Workspan Daily Plus+ article;Use This Checklist Toward Modernizing Your Pharmacy Benefits , Workspan Daily Plus+ article;Health Insurance Selection Checklist for Employees , Workspan Daily Plus+ article;Pay Today, Save Tomorrow?

The resurgence of skill-based pay reflects the growing need to address modern workforce challenges and evolving business priorities.

Medical Savings Accounts The MSA adjustments impact business owners and current or former employees of small businesses that have a grandfathered ancestor of the more modern and widely used health savings account (HSA).

How AI Is Reshaping Jobs, the Workforce , Workspan Magazine article;How AI is Changing Total Rewards Functions and Roles , Workspan Magazine article;TR Is Key to Successfully Integrating AI and Work , Journal of Total Rewards article; For Everyone Structure, Definition, Clarity: The Business Case for Job Architecture , Workspan Daily article;Traditional Job Architecture Career Streams Collide with Modern Work , Workspan Daily article;Report: HR Leaders Say Three Gaps Are Impeding Their Organizations , Workspan Daily article; The labor market — in the United States and throughout the world — is undergoing profound upheaval.

Access bonus Workspan Daily Plus+ articles on this subject: ;Modernizing Pharmacy Benefits: A Total Rewards Opportunity; ;Use This Checklist Toward Modernizing Your Pharmacy Benefits; Components of ‘App-Like Simplicity’ The table below illustrates what workers are looking for in their pharmacy benefits, according to Evernorth’s research.

Key takeaways include: How to align compensation planning with business and talent strategies including pay-for-performance;Best practices for managing merit cycles and incentive programs with confidence;Strategies to streamline approvals, reduce manual errors, and gain real-time insights;Ways to improve total rewards communication and manager enablement; Whether you’re preparing for year-end or looking to modernize your compensation approach, this webinar will give you the tools, insights, and technology to drive greater value from your compensation programs.

Take, for example, a regional insurance company that wanted to modernize total rewards to improve attraction and retention of sales talent.

With women making up nearly half of the U.S. workforce, menstruation, perimenopause and menopause are biological realities coming to the forefront of equity-conscious employers as they design benefits for the modern workforce.

“We are proud to partner with Credly to modernize our certification program and enhance the education experience for our members,” said Kelly Trakalo, Director of Worldwide Education and Delivery Marketing at WorldatWork.

Hybrid or remote working policies, flexible schedules , mental health benefits, pensions, and tailored perks such as wellness programs or lifestyle discounts are solidifying their place as critical components of a people-first approach in the modern workplace.