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More than a third (36%) of survey respondents reported that they had modified their compensation structures due to significant changes in market rates.

Regardless of whether they offer a formal program, some employers have work-related programs to help pre-retirees transition including flexible work schedules and arrangements (44%), the ability to reduce hours and shift from full-time to part-time (36%), and the ability to take on less stressful or demanding jobs (34%).

“We had almost 1,000 respondents and the information is broken down by organization size, type and industry.

There is continued growth with organizations offering designed telework programs (jobs designed to be performed remotely and may be full- or part-time), rising to 72% this year from 55% in 2019.

Workspan Daily Plus+ article;State Laws Comparison Tool , tool; A growing number of workplaces are offering a range of policies to support employees experiencing domestic violence, sexual assault, stalking or other types of violence.

Department of Labor’s Bureau of Labor Statistics reported that 47% of private-industry workers and 72% of state and local government workers had access to healthcare FSAs in 2024, while 43% of private-industry workers and 66% of government workers had access to dependent care FSAs.; ;The Society for Human Resource Management’s 2023 Employee Benefits Survey showed 62% of polled employers offer medical FSAs and 57% offer dependent care FSAs.; ;A 2023 study by Benepass found 86% of surveyed employers offered health FSAs and 63% offered dependent care FSAs.; FSAs can provide a true win-win for employers and their workers.

According to WorldatWork’s 2023 “ Compensation Structure Policies & Practices ” study, produced with support from Deloitte Consulting LLP, more than a third (36%) of survey respondents reported modifying their compensation structures due to significant changes in market rates.

.; ;72% are likely to recommend HR to others as a career path.; Overall, the state of HR is strong.

.; As costs affiliated with total rewards (TR) rise and 72% of employers look to make changes to their benefit offerings, now is the time for HR and TR professionals to expand their field of vision since a misaligned rewards strategy is not only expensive but can lead to reduced employee engagement, increased absenteeism and turnover, and stalled recruitment.

For instance, vacation days garnered interest from 51% of surveyed workers aged 18 to 24, rising across the age spectrum to 72% of those aged 55 to 64.