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., COVID-19, workplace model changes, talent shortages, emerging technologies).

“The employees can now access this accrued value before accessing their earned wages from the weeks’ hours worked, so they do not create a cash flow issue when emergencies arise or go for a payday loan,” he said.

Workspan Daily article;Mini-Study: Emerging Insights on AI in Total Rewards , research; Total rewards practitioners are increasingly exploring artificial intelligence (AI) tools as a remedy for bias in compensation decisions.

And shortly before the release of the executive order, the Securities and Exchange Commission (SEC) indicated it would no longer cap private-fund investments at 15% in retail closed-end funds, indicating the types of policy and oversight shifts that may continue to emerge.

Plus, whereas the HR analyst and TR professional needs to perform manual statistical tasks on historical data, the algorithm can use real-time data that is updated automatically to identify emerging trends and changes.

For WorldatWork Members Audit Checklist to Uncover and Mitigate AI Bias in Compensation , Workspan Daily Plus+ article;Considerations When Applying AI to People Analytics , Workspan Daily Plus+ article;How Employers Can Better Train Managers to Talk About Pay , Workspan Daily Plus+ article;Data Innovation in the Era of AI , Workspan Magazine article;Mini-Study: Emerging Insights on AI in Total Rewards , research; For Everyone AI and Pay Transparency: Understand and Mitigate the Risks , Workspan Daily article;Will AI Kill Compensation or Force It to Evolve?

Nominations will come from various group leaders and will be reviewed quarterly by a steering committee. 49% of Workers Lack Time Off to Care for Emotional Needs In its latest Emotional Leave Report, career website Zety surveyed 1,020 U.S. workers and found that 49% of them have needed time off for an emotionally difficult situation, such as a family emergency or mental health crisis, but didn’t have the appropriate paid time off (PTO) available.

.; “This is more prevalent in short-term incentive plans and emerging but less common in long-term incentive plans,” she said.

A ‘Convergence’ of Costs Even with a preponderance of tools to identify emerging risks, the statistics are sobering.

We saw this more than 10 years ago, when career development emerged as the No. 1 retention driver for the sales workforce back in 2010.