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Key Takeaways Evaluating your plans.

Through these major events, we see four key trends emerging for the rewards field: Rethinking total rewards strategy for the new world of work.

We either disengage, put less effort into our work and invest it in other parts of our lives, or we look for the exit door.”

Tangible and intangible rewards are complementary, acting as reinforcement mechanisms to create a continuous performance enhancement culture in the organization.

Plan Types There are two types of 529 plans, each with unique features: Prepaid tuition plans offer a way to lock in current tuition rates for future in-state costs at eligible schools.

A key decision-making tool, this assesses the costs against the expected and actual outcomes (greater participation, lowered health risks, etc.).; ;Conjoint analysis.

For example, organizations will expand the use of key talent equity awards, temporary skills premiums and other ad hoc allowances to provide an edge in attracting and retaining key talent without locking in high payroll costs.

In India, Daimler India Commercial Vehicles has recently welcomed the first cohorts of women workers to its factories, a stereotype-shattering step made possible in part by advances in mechanization and robotics that no longer require heavy lifting so much as good hand-eye coordination for screens and joysticks.

For WorldatWork Members Getting Smart About Artificial Intelligence — HR’s Practical Guide to AI , Workspan Magazine article;Get the Most Out of Your AI Investment , Journal of Total Rewards article;AI Is HR’s Future, but Modernization Comes First , Workspan Magazine article; For Everyone Chevron Doctrine Overturned: What It Means for Employers , Workspan Daily article;The Impact of the Supreme Court Chevron Decision on the NLRB , Workspan Daily article;From Sci-Fi to Reality: How AI Could Transform Sales Comp , Workspan Daily article;ChatGPT: How HR and Rewards Can Leverage the Newest AI , Workspan Daily article; In the absence of U.S. government legislation regulating artificial intelligence (AI) development and/or usage, several federal agencies — including the Equal Employment Opportunity Commission (EEOC), the National Labor Relations Board (NLRB) and the Department of Labor (DOL) — have taken it upon themselves to roll out guidance and initiatives

Try Flexible Options and Rewards , Workspan Magazine article; ;Retirement Plans for Part-Timers , Workspan Magazine article; Traditional retirement age is just a few years away for the oldest workers in the Generation X demographic (those born between 1965 and 1980), but organizations may not see a mass exodus of retirees heading to the door just yet.