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While the number of recipients is predetermined for the corporate-level recognition (about 50 employees out of a workforce of about 2,400 are recognized every year), the number of division-level recognitions is at the discretion of the divisional managers.

“A financially stressed workforce can have a direct impact on workforce productivity.”

;Communicate any plan to employees — pay transparency laws are being put in place more frequently and companies are obligated to publish pay ranges on job postings; When it comes to compensation-related strategies to limit union issues/or a workforce looking to unionize, Parker said employers need to understand there are multiple generations in the workforce, and some generations value some rewards programs above others.

Taking an approach that puts the onus on employees to ensure pay is fair within the organization is “unlikely to support a strong employee experience,” he added.

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: Well-Being;Workforce Engagement;

This data can help discover the “why” behind employee preferences and how their concerns and experiences can identify potential areas for improvement.

If that is the case, is workplace surveillance the best way to monitor and track workforce job performance?

Organizations are embracing a multigenerational workforce in some respects, such as offering programs to support caregiving employees and benefits that offer referrals to backup care, for example.

For WorldatWork Members ;Employing Age-Friendly Work Practices for Multigenerational Workforces , Journal of Total Rewards article; ;Measuring Up Mentorship Programs , Workspan Magazine article; ;Generational ERGs: Engaging Older Employees , Workspan Magazine article; ;The Power of Job Rotation, Shadowing and Stretch Goals , Workspan Daily Plus+ article; Reuse Permission Imagine a valued marketing employee struggling with a new data visualization tool or a rising star in research and development falling short on presentation and persuasion skills.