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This approach offers flexibility and security, catering to the needs of a modern workforce that values authors and work-life balance ( Unilever n.d. 2 ).

Are you a modern, future-focused employer who gets it, or are you stuck in the Dark Ages?”

This work explores how companies can address conscious and unconscious bias, increase psychological safety, thwart stereotypes and view and support employees as individuals who are working and collaborating in the same modern era.

“An HR professional does not need the skill to develop a modern AI application, but understanding the basic flow is useful if you plan to adopt one.”

For WorldatWork Members Leveraging Incentives for Future Work Challenges: Exploring the Employee Perspective , Journal of Total Rewards;The Future of Work and Rewards , research;AI Is HR’s Future, but Modernization Comes First , Workspan Magazine article; For Everyone Traditional Job Architecture Career Streams Collide with Modern Work , Workspan Daily article;Job Architecture for the Future of Work , on-demand webinar;How AI Is Transforming the Total Rewards Landscape , Workspan Daily article; NEW!

To lower costs, the WTW survey found : ;73% of employers plan to carve out pharmacy benefits over the next few years ; ;51% expect to adopt plan design or network strategies that steer employees to lower-cost or higher-quality providers, sites of care ; ;34% of employers plan to shift costs to employees through premium contributions ; ;2 7% would consider a smaller PBM (pharmacy benefit manager) that offers alternate pricing models. ; ; Ihrke also offered these strategies to help employers respond to rising overall healthcare costs : ;Modernize plan offerings to optimize high-performing healthcare delivery strategies, coupled with options that meet individual needs from affordability to savings. ; ;Evaluate vendor partnerships by conducting analytic performance reviews, audits and marketing to identify the best financial optimal partners to meet objectives . ; ;Prioritize micro-strategies for the key cost drives balancing attraction and retention.

September 18, 2024 Scottsdale, Arizona  — As remote and hybrid work models solidify their place in the modern workplace, organizations are rapidly evolving their Total Rewards strategies to meet the shifting demands of their workforce.

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; ;The Benefits Checkup: Is Your Offering Truly Maximized?

;Modernized benefits structure.