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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 Benefits; ;Employee Experience; ;Well-Being; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

Workspan Daily Plus+ article; ;Getting Benefits Enrollment Right: Big Trends Spark Fresh Strategies , Workspan Magazine article; Artificial intelligence (AI) is making its mark on the employee benefits scene, helping total rewards (TR) professionals individualize offerings, increase employee understanding and improve benefits management efficiency.

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 Benefits; ;Employee Compensation; ;Employee Experience; ;Workforce Engagement; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

AI has been cited for 48,414 job cuts this year.; ;Market and economic conditions as responsible for another 21,104 cuts, bringing the year-to-date total for this reason to 229,331.; ;Closings of stores, units and plants as triggering 16,739 cuts for the month and 161,391 for the year.; ;Restructuring as the factor in 7,588 cuts, for a total of 108,038 so far in 2025.; “October’s pace of job cutting was much higher than average for the month.

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 Benefits; ;Well-Being; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

Next Steps So, how should total rewards professionals proceed, given all the changes?

For WorldatWork Members ;How to Leverage Skills Testing for Total Rewards Success , Workspan Daily Plus+ article; ;A Step-by-Step Guide to One Skills-Based Org Lever TR Can Pull , Workspan Daily Plus+ article; ;AI and the Skills Evolution: Where the Total Rewards Function Fits In , Workspan Daily Plus+ article; ;How to Incorporate Skills into Rewards and Recognition , Workspan Daily Plus+ article; ;Compensation Philosophy Guide , tool; Workplace advancements have long been fueled by new processes, technologies and methodologies that require the development of new skills.

Cover Story Workspan Magazine How Will Recent Union Wins Affect Overall Total Rewards?