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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; ;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 ;Total Rewards Inventory of Programs and Practices , research;Navigating Living Wages in Total Rewards , Workspan Magazine article;Total Rewards for New Ways of Working , Journal of Total Rewards article;Steps You Can Take to Deliver to the Employee Value Proposition , Workspan Daily Plus+ article;How Total Rewards Can Solve Loyalty Issues Among Younger Workers , Workspan Daily Plus+ article ; For Everyone ;Total Rewards Today: Spending Money Where It Counts , Workspan Daily article;Employees Seek More Personalized Total Rewards Packages , Workspan Daily article;With a Multigenerational Workforce, Personalized Rewards Are Key , Workspan Daily article ; ; In a tight labor market, forward-thinking organizations are aware that employees who do not understand the value of their benefits may leave to seek a better rewards package elsewhere.

Given the potential for both resentment and positive spillover, it’s clear that the framing or messaging of recognition should be handled with care.

Workspan Daily Plus article;EU Pay Transparency Rule Promises Big Impact on Reward Policies , Workspan Magazine article;Organizations Slow to Enact Pay Transparency , Journal of Total Rewards article;2024-2025 Salary Budget Survey , research; In the United States, an increasing number of states and localities are passing pay transparency laws , requiring employers to post salary ranges in job ads or to disclose them upon request.

How AI Is Reshaping Jobs, the Workforce , Workspan Magazine article; ;How AI is Changing Total Rewards Functions and Roles , Workspan Magazine article; ;Disrupting Total Rewards: Where AI meets Pay Information Disclosure , Journal of Total Rewards article; ;How Human Workers and AI Can Become Valuable Colleagues , Workspan Daily Plus+ article; ;AI Tools May Pave the Path to Greater Objectivity in Skills-Based Pay , Workspan Daily Plus+ article; ;HR & Total Rewards AIntelligence Lab , tool; Artificial intelligence (AI) has been a resourceful tool for HR professionals, from sorting and ranking a large volume of applications to recommending performance ratings, merit increases and more.

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“All Acts” Overall Back Wage Recovery Data Enforcement Year Compliance Actions Total Back Wages Recovered Total Employee Recipient Pool FY2024 17,300 $202,676,115 151,989 FY2023 20,215 $212,325,391 163,768 FY2022 20,422 $213,161,638 152,970 FY2021 24,746 $234,362,486 193,796 FY2020 26,096 $257,829,604 229,934 Fair Labor Standards Act (FLSA) Overall Back Wage Recovery Data Enforcement Year Total Back Wages Recovered Total Employee Recipient Pool FY2024 $149,957,029 125,301 FY2023 $156,152,548 135,067 FY2022 $156,052,923 126,934 FY2021 $166,762,890 158,735 FY2020 $183,582,973 194,006 Back Wages for Overtime (OT) Violations Enforcement Year OT Back Wages Recovered Total Worker Recipient Pool FY2024 $126,967,097 101,043 FY2023 $130,686,461 106,759 FY2022 $134,591,521 103,128 FY2021 $138,674,500 132,151 FY2020 $151,347,794 150,685 Back Wages for Minimum Wage (MW) Violations

At 39%, employers are the most trusted source to provide affordable high-quality health insurance coverage, compared to the government (total 31%) or the individual market (21%).