Searching Workplace Equity on page 27

Sample Findings: 86% of organizations made pay equity adjustments in 2021, which was up from 80% in 2020.;75% of organizations offered unpaid, job-protected time off to care for or bond with a new child (beyond legal requirements, if applicable, and beyond any paid parental leave an organization may offer), which was up significantly from 56% in 2020.;46% of organizations offered identify theft insurance to their employees in 2021, up from 34% in 2020.

Offering personalized, easy-to-understand resources related to health benefits can increase health literacy, lead to more-efficient use of health plans and ultimately benefit workplaces.; Reuse Permission Most Americans don’t understand their health benefits, and that’s a problem — and an opportunity — for organizations and their total rewards professionals.

Microsoft Lays Off DEI Team Due to ‘Changing Business Needs’ Business Insider reported that Microsoft has laid off a its corporate diversity, equity and inclusion (DEI) team, citing “changing business needs.”

Ruth Thomas, pay equity strategist at Payscale, said that crafting a compensation strategy that makes sense for the business and includes a robust internal and external pay equity analysis are foundational pieces to implementing a pay transparency strategy.

What role can cash play to complement or offset adjustments in the equity strategy and respond to employee perception of value in the face of inflation and increasing equity volatility?

Total rewards and benefits leaders can play a key role in finding solutions that lead to greater equity.

Companies are becoming more prudent about their compensation spend, she said, as well as focusing on providing market and equity pay adjustments for employees as a result of pay compression or internal equity.

For WorldatWork Members Strategic Benefits: How Employee Benefits Can Create a Sustainable Competitive Edge , Journal of Total Rewards article;Construction and Validation of a Short Inclusion Scale , Journal of Total Rewards article;Building Communities — ERGs are Advancing DEI Initiatives , Workspan Magazine article;The Importance of Diversity, Equity and Inclusion , Workspan Magazine article; For Everyone Forging a Path to Leadership Roles for Employees with Disabilities , Workspan Daily article;Designing Inclusive Technology That Meets All Your Employees’ Need , Workspan Daily article;Accessibility and Belonging: The Keys to Employee Retention , Workspan Daily article;Making Room for Autistic Job Candidates , Workspan Daily article;How You Can Support Neurodiversity in the Work, Workforce, Workplace , Workspan Daily article; Reuse Permission The U.S.

“Companies should consistently evaluate their comprehensive offerings, focusing on workplace culture, communication, and a holistic approach to benefits and rewards.”