Searching Workplace Equity on page 33

A significant one is diversity, equity and inclusion (DEI).

For this stakeholdership approach to work, however, organizations need to have a robust total rewards strategy that prioritizes workplace culture, employee well-being and career development, among other things.

Access a bonus Workspan Daily Plus+ article on this subject: Culture Shock: Integrating Federal Talent into the Private Workplace; What Can These Workers Offer?

Performance equity provides additional upside and/or downside leverage to traditional equity incentives based on set performance goals.

Employers with more complex pay packages, such as those that include other incentives like equity, stock or bonuses, need to effectively communicate that value to enhance recruitment and retention efforts.

The law does not specify whether other forms of compensation such as bonuses, commissions or other forms of equity or benefits must be included in job postings.

“Instead of endlessly debating generational differences and stereotypes in the workplace,” Guillén said , “companies should embrace the concept of‘perennials.’

For WorldatWork Members ;Show Me the Gratitude —The Effect of Recognition on Employee Engagement , Workspan Magazine article; ;Finding a Balance: Blending Incentives and Recognition , Workspan Magazine article; ;Develop Personalized and Inclusive Recognition Programs for Your Hybrid Workplace , Workspan Magazine article; ;How You Know When Your Recognition Program Is Working , Workspan Magazine article; ;Incentives and Recognition: An Evidence Review , Journal of Total Rewards article; Reuse Permission Employee recognition is a significant factor in making workplaces feel inclusive and providing a sense of belonging for all.

While phantom equity is taxed as regular compensation, it provides an incentive value that is more like an equity award than a retention or transaction bonus.

As we plan out our editorial calendar for Workspan each year, we try to keep our focus on the compensation-related challenges that are consistently front and center for compensation professionals — pay compression, pay equity, geographic pay strategies, sales compensation and much more.