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As companies jumped into remote and hybrid work models, these products have been eagerly adopted.

Flexible scheduling and hybrid work models are increasingly important to retain new hires.; ;At 14.6%, health and family concerns remain a top reason for early attrition and highlights the need for comprehensive benefits that address personal needs.; ;The increase in involuntary turnover, from 6.7% in 2022 to 9.3% in 2024, signals challenges in hiring, onboarding or performance management processes.; “Compensation and career development are generally the leading reasons employees start job hunting,” said Hannah Yardley, the chief people and culture officer at Achievers, an employee experience and recognition platform.

Plus, he’s been a role model for those of us who continue to pursue our professions past the traditional retirement age.

To get the most out of this course, you will need to have working knowledge of the WorldatWork Total Rewards model and compensation fundamentals of a Total Rewards strategy.

“The model is only as good as the data you put in.”

Tanner Institute See Case Studies Access FREE Total Rewards Model Guide Unlock the Power of Effective Total Rewards Management Find out how top organizations leverage the key elements of Total Rewards to maximize workforce performance and drive organizational success.

“The only way to understand the best choice for you as a company is to model it out based on how that peer group has performed in prior years, and this requires a lot of work to create historical reference points.

“A key benefit of the playground is that there are various GenAI models available to try out all in one place,” she said, “enabling our associates to see the difference in how each model reacts to the same prompts.”

A third (33%) of corporations currently have corporate academies, defined as platforms or places where employees advance job-related competencies related to their organization’s competitive advantage or unique aspects of their operating model.

See Issue Journal of Total Rewards Q2 2021 Statistical models from pay equity analysis can drive significant insights about compensation philosophies that managers apply in different areas.