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Employers can consider approaches such as concierge-type vendor solutions and lifestyle spending accounts, WTW’s Bade said.

See the infographic See the infographic 57% very familiar with living wage 36% currently paying living wages 29% cite budgets as challenge in implementing living wage 73% cite "attracting talent" as a key motivation for providing a living wage Thank You for Being a Member Get the most from your membership today!

The total of 36 hours per week makes them full-time employees, entitled to an array of benefits, most notably health insurance — medical, vision and dental, according to LancasterOnline .

Best Practices for Employers With 80% of large companies offering HSA-eligible plans, including this option in your benefits is a competitive advantage for businesses, Domaszewicz said.

Talent Practice % of Orgs That Don’t Explicitly Use Skills % of Orgs that Manually Enter Skills % of Orgs that Have Skills Automatically Suggested Career pathing 23% 30% 28% Hiring — external 21% 36% 23% Hiring — internal 19% 32% 26% Learning and development 13% 38% 28% Mentoring 21% 34% 9% Opportunity/talent marketplace 26% 17% 32% Performance management 28% 38% 26% Rewards and recognition 40% 32% 26% Strategic workplace planning 30% 28% 32% Why Skills Are Crucial for Growth According to Sara Hillenmeyer, the senior director of data science at Payscale, a compensation software and data company, an employee’s skills journey is important for their career development and trajectory.

The column could be made more specific to note the type of plan: sales compensation, team award only or company bonus plan.

In fact, fewer organizations overall (36%) reported difficulty in attracting and retaining employees, down 9 percentage points from last year’s report and 17 percentage points from the prior year.

For long-term incentive plans, a mix of financial and non-financial metrics isn’t as prevalent, with only 30% of companies using both types of metrics (Figure 2).

This suggests that solutions should focus more on how nontraditional workers are paid and less on the type of work performed (freelancer, sole proprietor or other type).

Nearly 80% of the surveyed workers were strongly concerned about at least one area related to AI angst.