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In 2021, the usage of hazard pay fell to 19%, and for 2022 it has dropped to pre-pandemic levels (at around 15%).

“Our hybrid work model helps us attract and retain top talent and sets us apart from other companies in our industry — and we remain committed to this model,” the memo said.

Salary.com attributed the drop in 2024 average pay increases to fewer employers providing higher-level raises to employees.

Study: HDHP Enrollment Fell for Second Straight Year For the second year in a row, the percentage of private-sector employees enrolled in high-deductible health plans (HDHPs) dropped, according to a study by personal finance website ValuePenguin.

The Potential ROI for Covering GLP-1s , Workspan Daily Plus+ article;Benefits Pulse: A Guide to Listening, Learning, and Leveling Up , tool; In traditional pharmacy benefit models, pharmacy benefit managers (PBMs) operate as a nontransparent intermediary, making it difficult for employers to see the true cost of medications or how rebates and discounts are managed.

For WorldatWork Members ;How to Increase Engagement Among Remote Workers , Workspan Daily Plus+ article; ;Workplace Models: How Are Organizations Maximizing Them?

For WorldatWork Members ;Leveraging Total Rewards to Defeat the Four Horsemen of RTO , Journal of Total Rewards article; ;Checklist: Evaluating EVP Delivery Across Work Arrangements , Workspan Daily Plus+ article; ;Workplace Models: How Are Organizations Maximizing Them?

While we don’t see glaring mistakes every day, we do see our fair share of subtle slip-ups masquerading as sound decisions made to “keep it simple” or “minimize change.”

The approach and lessons are applicable to companies across other verticals, especially those with high recurring-revenue models such as most tech companies with XaaS models.

Whichever way a company chooses to pair, it is important that organizers put in the work up front to make sure that the pair will be a good fit.