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When HR and total rewards leaders as well as functional leaders encourage, support and communicate the policy and how it works, employees may be more apt to participate (and do so in a prescribed manner).

During the closing keynote session at WorldatWork’s Total Rewards’24 conference in Cincinnati, Dawes explained how those lessons learned as a four-time Olympic medalist (including a gold in the team competition at the 1996 Games) have translated into a post-competition career as: The owner of three gymnastics and ninja sports academies, with more than 100 employees and more than 1,000 participant customers;A limited partner of the National Football League’s Atlanta Falcons;A minority owner of the National Women’s Soccer League’s Washington Spirit;An advisory board member of Sesame Workshop’s “Healthy Habits for Life” program;The executive producer of a Peacock Network docu-series (“Golden”).; Dawes told the audience that her role as a business leader — but particularly as a people leader — is to “make an impact on others’ lives” by helping those around her “dream big and plant seeds.”

For this installment, Workspan editors spoke with Sheila Sever, a specialist leader of total rewards at Deloitte Consulting, about the critical importance of frontline workers throughout the past two-plus years of the coronavirus pandemic, what organizations are doing to attract and retain frontline talent, and the role that compensation and rewards play in helping companies hold on to these invaluable employees.

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Given all of this, how should employers and their HR and total rewards professionals proceed?

Save Reuse Permission One way organizations drive business success is by implementing effective HR strategies and total rewards programs that attract and retain workers.

Sun cautioned that even for companies like Airbnb that allow employees to “work from anywhere,” typically employees must still apply internally to work in another location, including having the proper visas in place before being able to legally work in a particular location and ensuring that the total time spent in a particular location doesn’t exceed a specific number of days.

How to Generate More Creative, Innovative Approaches Brainstorming is a familiar way to generate new ideas and concepts, but you can take a more disciplined approach to regularly embed innovation in your organization’s total rewards and HR programs.

Weaker annual bonuses and LTI awards contributed to a reversal in total compensation trends and weak stock performance accounted for much of the decline in CEO pay in 2022 because CEO compensation was often tied partly to investor returns.

Save Reuse Permission Editor's note: This article is the second in a four-part series exploring living wages in the total rewards context .