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.; Market Observations We analyzed post-CEO transition pay disclosures that represent various arrangements in the market.

Analyzing and Auditing Providers and Processes Frequently cited methods to reduce medical expenses (in particular, those categorized as “unnecessary”) included managing vendor contracts, conducting audits, and preventing overutilization and abuse of services.

On the compensation side, she said, AI tools that are trained specifically for your organization can help assess and improve your existing pay structures, analyzing pay equity and looking for gaps .

For WorldatWork Members Compliance Checklist When Vetting a New State for Business Expansion , Workspan Daily Plus+ article;5 Things TR Pros Can Do to Mitigate Pay Transparency Risks , Workspan Daily Plus+ article;From Audits to Algorithms: Using Proactive AI for Sustained Pay Equity , Workspan Daily Plus+ article;Total Rewards Competitiveness Analyzer: Understand How You Stack Up , Workspan Daily Plus+ article;Pay Equity Planning Guide , tool;Pay Equity Laws by State — Are You in Compliance?

The study, which analyzed information from the State Health Access Data Assistance Center , found: ;49.7% of these employees were enrolled in HDHPs in 2023, down from 53.6% in 2022.

Within the changing AI landscape, organizations should proactively analyze the skills they will soon need, the competition they will face in recruiting those skills and the adjustments they may need to make in their rewards programs to resonate with the workers who have those skills, Frost said.

Steps to take include: 🗹 Analyze current data to establish a clear baseline.

Related Courses This learning experience is part of WorldatWork’s eight-part suite of Excel mastery courses, which include: Advanced Excel Skills for Compensation Professionals;Analyzing & Automating Rewards Data with Excel;Creating a Dynamic Incentive Modeling Tool;Designing Powerful HR Dashboards;Dynamic Arrays: Excel Turbo Charged;Excel Skills for Compensation Professionals;Excel Power Query;Regression Analysis Made Easy with Excel;Working Smarter & Faster with Excel Formulas; Policies View our Return/Cancellation policies and more here .

. ;; ;; ;; ; Journal of Total Rewards Q2 2024 Studies of a variety of topic rewards topics, from AI and pay transparency to career advancement to analyzing a pay gap.

If we avoid analyzing how our operations have created obstacles in providing our members with experiences for which they are asking, we avoid ensuring that the exchange between our members and our association is everything it can be.