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

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 Experience; ;Employee Recognition; ;Total Rewards; ;Workforce Engagement; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

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: ;Career Growth; ;Employee Benefits; ;Employee Compensation; ;Equitable and Diverse Workplaces; ;Total Rewards;

For WorldatWork Members ;Commuting Considerations Could Be Key in RTO , Workspan Magazine article; ;Checklist: Evaluating EVP Delivery Across Work Arrangements , Workspan Daily Plus+ article; ;Total Rewards Inventory of Programs and Practices , research; ;2024-2025 Salary Budget Survey , research; For Everyone ;How Total Rewards Might Enable ‘Workplace Balance’ Amid RTO Push , Workspan Daily article; ;Research Shows Remote, Hybrid Work Morphing Total Rewards Strategies , Workspan Daily article; ;The State of RTO and What It All Means for Total Rewards Pros , Workspan Daily article; ;How Sweetening the Pot May Improve Your RTO Lot , Workspan Daily article; ;Mini-Study: Vehicle and Commuter Benefits , research; As CEOs continue to push for return-to-office (RTO) mandates , are pay bumps the key to enticing employees back to an in-person workplace?

;In some parts of the text, “fixed compensation” is used somewhat interchangeably with “total rewards,” which is not completely accurate.; However, apart from sharing some international reward insights, the point of the exercise was to try the value of ChatGPT or similar tools and anticipate the possible value of future ones.

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 Compensation; ;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.

For WorldatWork Members ;Skills-Based Mentoring: An Efficient Way to Build Skills , Workspan Daily Plus+ article; ;How Apprenticeships Can Help Organizations Gain Skilled Workers , Workspan Daily Plus+ article; ;A Step-by-Step Guide to One Skills-Based Org Lever TR Can Pull , Workspan Daily Plus+ article; ;Career Curation: How Total Rewards Can Drive Skills Portfolio Building , Workspan Daily Plus+ article; There is a strong focus today on skills-based compensation, which is used to attract, reward and advance employees who have attained specific skills and continue to build on them.

As sales roles change, so must total rewards.

ForWorldatWorkMembers High Potential: The Power of Job Rotation, Shadowing and Stretch Goals ,WorkspanDaily Plus+ article;How to Leverage Skills Testing for Total Rewards Success ,WorkspanDaily Plus+ article;Career Curation: How Total Rewards Can Drive Skills Portfolio Building ,WorkspanDaily Plus+ article;From Jobs to Skills to Outcomes: Leading the Evolution in Total Rewards ,WorkspanMagazine article;Internal Mobility Keeps Employees from Moving On ,WorkspanMagazinearticle; For Everyone How Do You Elevate Workers Who Don’t Want to Climb the Ladder?

For WorldatWork Members Strategic HR Analytics: Driving Business Performance , Journal of Total Rewards article;Total Rewards Inventory of Programs & Practices , research;People Analytics Study , research; Whether designing or evaluating employee benefits, total rewards (TR) professionals perform an intricate juggling act, taking to heart: ;What employees say they want,; ;What employees actually use,; ;Employer budgets, and; ;Employer objectives.; With these — and other — balls in the air, TR pros today must utilize data to detect patterns and create balanced and effective benefits programs.