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The Journal of Total Rewards First Quarter 2023 | Volume 32 | No. 1 In this issue: retiree knowledge transfer, Ohio workers’ comp pilot, more ESG metrics in executive comp, long-term care and CalPERS, employee trust for benefits Cover Story Journal of Total Rewards Article Tapping into Retirees to Bolster Knowledge Transfer The knowledge transfer between retirees and their remaining employees offers a unique opportunity to retain knowledge.

For WorldatWork Members Using Analytics to Fully Assess and Close the Pay Gap , Journal of Total Rewards article;Pay Inequity: Past, Present and Future , Journal of Total Rewards article;Getting Serious About Gender Gaps — Assessing Pay Equity in New Zealand , Workspan Magazine article;Examining the Progress on Pay Equity , Workspan Magazine article; The recent U.S.

They affect workers in all types of industries.

Total Payroll Cost to Revenue Ratio = (Total Payroll Costs / Total Revenue) * 100 Variable Pay to Total Compensation Ratio Assesses the proportion of variable pay (bonuses, commissions, etc.) in relation to total compensation expenses.

U.S. employers forecast raising their total salary budgets between 3.8% and 4.1% for 2024.

Assets held in such plans increased from 34.2% to 89.6% of total DC plan assets.

Rewards; ;Well-Being; ;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.

For WorldatWork Members Getting Smart About Artificial Intelligence — HR’s Practical Guide to AI , Workspan Magazine article;Get the Most Out of Your AI Investment , Journal of Total Rewards article;AI Is HR’s Future, but Modernization Comes First , Workspan Magazine article; For Everyone Chevron Doctrine Overturned: What It Means for Employers , Workspan Daily article;The Impact of the Supreme Court Chevron Decision on the NLRB , Workspan Daily article;From Sci-Fi to Reality: How AI Could Transform Sales Comp , Workspan Daily article;ChatGPT: How HR and Rewards Can Leverage the Newest AI , Workspan Daily article; In the absence of U.S. government legislation regulating artificial intelligence (AI) development and/or usage, several federal agencies — including the Equal Employment Opportunity Commission (EEOC), the National Labor Relations Board (NLRB) and the Department of Labor (DOL) — have taken it upon themselves to roll out guidance and initiatives

Additional Information This course is designed for professionals in human resources, Total Rewards, compensation or global rewards who want to improve their financial acumen in order to design and deliver efficient and effective employee Total Rewards programs.

INDIA A Total Rewards Transformation Takes Shape India’s employers plan to rethink total rewards strategies in the next three years, as emerging trends in AI and employee expectations change traditional practices.