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A Total Rewards Issue Gord Frost, Mercer’s global rewards solution leader, said it ultimately becomes a total rewards issue, as employers need to take a holistic approach to address what caregivers deem as important.

Total rewards (TR) professionals need to comprehend the magnitude and impact of this trend.

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For WorldatWork Members 2026 Priorities of Total Rewards Leaders , research;2025-2026 Salary Budget Survey , research;If Workers Feel Squeezed, Reinforce the Sum Total of Your Rewards , Workspan Daily Plus+ article;Don’t Underestimate the Power of Non-Financial Rewards , Workspan Daily Plus+ article;Addressing Inflation and Stemming the Turnover Tide , Workspan Magazine article;Effectively Managing Pay Budgets, Structures and Rates , Journal of Total Rewards article; For Everyone COLA, Currency, Comp: How TR Leaders Are Handling the New World Order , Workspan Daily article;The ‘Salary Squeeze’: How the Workforce Is Weighing Compensation , Workspan Daily article;How HR and TR Leaders Can Build Future-Ready Rewards , Workspan Daily article;Compensation Actions in an Inflationary Economy: A Case Study , on-demand webinar;Geographic Pay Strategies , course;Market Pricing and Competitive Pay Analysis , course;Total Rewards Priorities Quiz , tool; Inflation

Access a related Workspan Daily article on this subject: ;The Rise of Skills-Based Rewards, and What You Must Do About It; Access a bonus Workspan Daily Plus+ article on this subject: ;How to Leverage Skills Testing for Total Rewards Success; In turn, data and analytics enable HR and total rewards (TR) professionals, along with organizational leaders, to make data-informed decisions that align with strategic objectives and support the overall success of the organization.

; ;The Monumental Mission of Meaningful Mentorships; ;Proactive TR Pros See ‘Train’ of Change Coming, Take Steps to Act; ;The Keys to Creativity and Driving Innovative Total Rewards; ;The Pros and Cons of Giving Managers Discretion on Merit Increases; ;Using Analytics, Innovative Framework to Transform HR/Total Rewards; ;How An Industry Leader Sees Technology Transforming Total Rewards; ;Biopharma Compensation Leader Has Put AI Under the Microscope; 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: ;Career Growth; ;Employee Experience; ;Total Rewards; ;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.

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

For WorldatWork Members Five Emerging Workplace Trends Affecting the Employee Experience , Journal of Total Rewards article;Embedding Whole-Person Workplace Values into Traditional HR Activities , Journal of Total Rewards article;Employee Engagement: Drivers, Measures and Outcomes , Journal of Total Rewards article; For Everyone How Organizations Are Missing the Mark on Employee Engagement , Workspan Daily article;Recognize the Power of Employee Recognition , Workspan Daily article;Build a Sustainable Culture for Employees to Thrive In , Workspan Daily article;Workforce Insights That Drive Impactful Business Results , webinar; Today’s American workers are increasingly feeling disrespected on the job.

Ensure alignment between business goals and: ;Pay equity audits by closing any gaps that are unsupported by neutral data.; ;Benefits program reviews by staying informed on the needs of a changing workforce and what benefits they value.; ;Recognition program assessments by ensuring transparency and freedom from bias with regularly reviewed criteria and awards.; ;Learning and development accessibility by recognizing a diversity of learning styles, and supporting diversity of thought, while ensuring resource availability for all employees.; 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: ;Equitable and Diverse Workplaces; ;Employee Experience; ;Total Rewards; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.