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

For WorldatWork Members Why Executive Compensation Is Following the Crowd and Why That Matters , Workspan Magazine article;Mental Health in the New Workplace , Journal of Total Rewards article;Proxy Tables Checklist , tool;Compensation Structure Policies and Practices , research; NEW!

Mercer’s “ QuickPulse US Compensation Planning Survey ” indicates employers are planning to raise their compensation budgets by 3.5% for merit increaeses in 2024 and 3.9% for their total salary increase budgets for non-unionized employees.

U.S. employers forecast raising their total salary budgets between 3.8% and 4.1% for 2024.

The course is led by Malika Terry, and is based on years or research, best practice sharing and her own experience as a Total Rewards professional.

The Journal of Total Rewards First Quarter 2023 | Volume 32 | No. 1 In this issue: retiree knowledge transfer, Ohio workers’ comp pilot, more ESG metrics in executive comp, long-term care and CalPERS, employee trust for benefits Cover Story Journal of Total Rewards Article Tapping into Retirees to Bolster Knowledge Transfer The knowledge transfer between retirees and their remaining employees offers a unique opportunity to retain knowledge.

.; 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 Experience;Total Rewards; You have to login to perform this action.

Workspan Daily (WD) recently connected with Coen de Waal, the chief executive officer of CareerToolbelt, a job-search solutions platform, to discuss how the total rewards (TR) community can consider and make best use of compensation benchmarking.

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.

Total Rewards Strategies for Mental Health According to Dix, proactive steps are needed because: ;This is not purely a pandemic issue;; ;Unhealthy conditions existed and were building before it; and,; ;The situation is not going to resolve itself.; Dix advised organizations and their total rewards professionals to: ;Review the basics.