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For WorldatWork Members 2023 Total Rewards Inventory of Programs & Practices , research;Helping Employees Secure Their Retirement Future , Journal of Total Rewards article;Employer-Sponsored Student-Loan Repayment Benefits , Journal of Total Rewards article;Revisiting Retirement Benefits , Workspan Magazine article; With student loan debt in the U.S. totaling more than $1.7 trillion — and related stress significantly impacting workers’ mental health, productivity and retention — employers are increasingly exploring how to use total rewards to offer some relief.

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; ;Equitable and Diverse Workplaces; ;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.

Editor's note: This article is the second in a four-part series exploring living wages in the total rewards context .

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This is a smaller upfront distribution than historical practice, when the average upfront allocation was 70% to 80% of the total pool.

Meaningful Total Rewards Strategy As illustrated in the HPEX framework, part of providing a positive employee experience involves having a thoughtful total rewards strategy.

As we shall now see, both types of intervention have a positive impact.

There were 49 say-on-pay failures through mid-July, which is the lowest total at that time of year in the past three years.

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; ;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.