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Those benefits include setting competitive executive pay programs that are aligned with market standards — which, in turn, can help attract and retain top talent — while addressing other challenges, such as goal setting.

;Identify appropriate members and roles within an effective sales compensation design team.

Why Goal-Setting Matters in Periods of Volatility Goal-setting is the foundation of incentive plans.

Set your strategy for late elections.; ;Resolving inconsistencies, such as a family plan election with no dependents listed.; ;Auditing for dependent status, ensuring new dependents are added correctly and dependents who have aged out are not enrolled.; ;Sending out election confirmations, if not automatically generated.; ;Verifying that premium deductions are accurate and will be set up correctly in payroll.; ;Generating election data in the format required by the carrier and submitting it promptly, allowing extra time to resolve any unforeseen issues.; 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.

But what about transparency in sales plan design?

For WorldatWork Members ;Supporting Employee Caregivers: A Resource Guide , Workspan Daily Plus+ article; ;20 Tips for Designing Inclusive Family Care Benefits , Workspan Daily Plus+ article; ;FLMA Advisor , tool; ;Total Rewards Leader 2025 Priorities , research; As paid caregiver leave (also known as “paid family and medical leave, or PFML) becomes a highly desired employee benefit, total rewards (TR) professionals should maximize their offerings to remain competitive while managing the employer’s financial risk.

Additionally, creative-driven industries like marketing, interior design or architecture could benefit from this concept, Christen added.

The Illinois Legislature passed “The Paid Leave for All Workers Act” Jan. 1 that is set to take effect in 2024.

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When organizations find themselves without an immediate CEO successor — whether because a successor was not previously identified or a designated successor is not ready in a sudden emergency — an interim CEO should be appointed.