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As of 2025, 49% have implemented cancer COEs, with projections showing this number will rise to 73% by 2027/28.

This will allow people to interact in fluid networks that cooperate in different ways, depending on the project and goal.

they have replied with answers such as: A feeling of accomplishment;Being acknowledged for a tough project completed successfully;The opportunity to lead a high-profile project;The respect received from colleagues for a job well done.; Tapping into the intrinsic side of rewards and combining that with the extrinsic can create a powerful energy booster for people.

Implementing a robust recognition program need not break the bank, Jackson said, and total rewards professionals can foster connection by hosting team-building exercises, cross-departmental projects or informal social events.

Ramirez recommended that you offer opportunities for: ;Reskilling and upskilling;; ;Stretch assignments ;; ;Project management; or,; ;Shadowing leaders .; Employ chief people officer Stephanie Manzelli suggested making growth tangible, and clearly communicating career ladders and progression paths to employees.

But for a mid-career worker, even a 2- or 3-percentage-point cut in retirement contributions, sustained over a few years, can cost $100,000 or more in projected post-work wealth, Crain said.

Organizations Lack Pay Transparency Strategies , Workspan Daily article;Pay Transparency Is a Global Phenomenon (and Concern) , Workspan Daily article;How Pay Transparency Connects with Job Architecture and Employee Trust , Workspan Daily article;Perception Is Everything: The Path to Pay Confidence , Workspan Daily article;WorldatWork: 2026 Salary Increase Budgets Project U.S., Global Caution , Workspan Daily article; U.S. employers are increasingly embracing pay transparency, even as regulatory complexities introduced by the Trump administration’s 2025 executive orders and the European Union (EU) Pay Transparency Directive present new challenges.

The experts interviewed for this article offered the following options to reward top performers when raises are on hold: ;Variable pay programs such as spot bonuses; ;Increased flexibility and remote work options; ;Additional paid time off, more mental health days or impromptu free days off; ;Opportunities for sabbaticals; ;Professional development opportunities — for instance, training on artificial intelligence skills or attending work-related conferences; ;Stretch assignments, project opportunities and mentoring; ;Perks such as sporting event tickets; ;Access to financial planning services and coaching; ;Recognition programs; Depending on your organization’s size and resources, Dwyer said some of these options will be more feasible than others, so don’t underestimate the impact of even small gestures.

But, the total pay increase budget, projected at 4% for 2023, is still less than half of the inflation rate (8.3% for the 12 months ended August 2022).

Huggins, the company’s communications manager and a project manager for the Time to Vote program.