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As if the new modern work environment isn’t challenging enough, the number of people consuming mind-altering substances while engaged in some form of remote work is alarming, according to a recent survey commissioned by Arizona-based mental health treatment center Sierra Tucson.

Currently pursuing his MBA at NYU Stern, Sagar combines analytical rigor with a modern approach to sales operations and compensation design, making him a trusted voice for organizations looking to modernize their sales performance frameworks.

;Modernized benefits structure.

Use the Tools at Your Disposal — And Keep Evolving Employers should understand what they’re trying to accomplish with a modernized benefits communications plan, Mowrer said, so they should set guidelines for how to measure success — and continue tweaking their approach.

Many organizations have settled into a third modern era of pay design that is largely characterized by monotony and a considerable reduction in variety.

Hybrid or remote working policies, flexible schedules , mental health benefits, pensions, and tailored perks such as wellness programs or lifestyle discounts are solidifying their place as critical components of a people-first approach in the modern workplace.

He stated, “There are many issues that require regulatory clarity and stability so that the system can function properly, including (1) modernizing defined contribution plans to include alternative investments, such as private equity and cryptocurrency ; (2) the consideration of ESG [ environmental, social and governance ] factors; (3) the fiduciary rule as applied to [individual retirement account] rollovers; (4) mental health parity; (5) plan forfeitures; (6) pension risk transfers; (7) tobacco and vaccine surcharges and wellness programs; (8) managing pharmacy benefit managers and healthcare costs; and (9) cybersecurity to protect participants assets — just to name a few key issues.