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As shown in Figure 1, 2024 marked the lowest annual increase in TTDC for CEOs since 2020.

Access an additional Workspan Daily article from this series: 4 Steps to Help Pre-Retirees Consider, Plan for Retirement Income;Take 3 Actions to Help Workers Turn Savings into Retirement Income; Access a bonus Workspan Daily Plus+ article on this subject: Employment Extenders: Why More Americans Are Delaying Retirement ; Focusing on the Assets Step 1 is to empower income generation from 401(k) plans and other assets.

Workspan Magazine article;WorldatWork’s Salary Budget Survey , research; For Everyone Mercer Projects 3.6% Total Salary Increase Budgets in 2025 , Workspan Daily article;Report: 1 in 3 Organizations Don’t Have a Pay Equity Strategy , Workspan Daily article;Understanding Base Pay-for-Performance and Merit Increase Guidelines , on-demand webinar;Base Pay Administration and Pay for Performance , course; Giving managers discretion in the allocation of merit pay increases can be empowering for both the giver and receiver.

Address Barriers to Utilization Employers believe they frequently communicate about EAPs, according to the Prudential study, yet 22% of employees know little about their available benefits, and 1 in 10 finds them too complex.

How AI Is Reshaping Jobs, the Workforce , Workspan Magazine article; ;How AI is Changing Total Rewards Functions and Roles , Workspan Magazine article; ;How to Use AI to Improve Your Recruitment Process , Workspan Daily Plus+ article; ;Audit Checklist to Uncover and Mitigate AI Bias in Compensation , Workspan Daily Plus+ article; With more organizations using artificial intelligence (AI) tools to assist with hiring tasks, and 1 in 3 employers foreseeing a fully AI-led hiring process by 2026, automation is no longer a concept — it’s a reality.

.; ;Just over 1 in 4 workers report mental health concerns, but utilization of support programs remains low — suggesting a gap in awareness, understanding or value.; As costs affiliated with total rewards (TR) rise and 72% of employers look to make changes to their benefit offerings, now is the time for HR and TR professionals to expand their field of vision since a misaligned rewards strategy is not only expensive but can lead to reduced employee engagement, increased absenteeism and turnover, and stalled recruitment.

Trump Renominates Lucas to Chair EEOC In related EEOC news, President Trump renominated Andrea Lucas , the agency’s acting chair, to a new five-year term expiring July 1, 2030.

Table 1 shows illustrative driver effects for a set of three segments.

.; Under the “no tax on tips” provision within the H.R. 1 law (otherwise known as the One Big Beautiful Bill Act), eligible tipped employees, including those who itemize and don’t itemize their taxes, can claim a tax deduction up to $25,000 per year, effective in the 2025 through 2028 tax years.

The Home Depot announced that it will spend $1 billion on hourly wage increases, in an effort to hire more hourly workers .