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Meaningful Total Rewards Strategy As illustrated in the HPEX framework, part of providing a positive employee experience involves having a thoughtful total rewards strategy.

The Journal of Total Rewards 29(3): 25-35.

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; ;Employee Compensation; ;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 High Potential: The Power of Job Rotation, Shadowing and Stretch Goals , Workspan Daily Plus+ article;How to Leverage Skills Testing for Total Rewards Success , Workspan Daily Plus+ article;Career Curation: How Total Rewards Can Drive Skills Portfolio Building , Workspan Daily Plus+ article;From Jobs to Skills to Outcomes: Leading the Evolution in Total Rewards , Workspan Magazine article;Internal Mobility Keeps Employees from Moving On , Workspan Magazine article; For Everyone How Do You Elevate Workers Who Don’t Want to Climb the Ladder?

For this installment, Workspan editors spoke with Sheila Sever, a specialist leader of total rewards at Deloitte Consulting, about the critical importance of frontline workers throughout the past two-plus years of the coronavirus pandemic, what organizations are doing to attract and retain frontline talent, and the role that compensation and rewards play in helping companies hold on to these invaluable employees.

For WorldatWork Members The Outperformance Stock Unit: Meaningful Long-Term Incentives at Minimal Initial Expense , Workspan Magazine article;Exploring Executive Compensation Decision Making , Journal of Total Rewards article;Incentive Goal Setting is Becoming More Flexible , Journal of Total Rewards article;Executive Compensation Update: Key Developments and Future Insights , on-demand webinar; For Everyone The CEO Left.

For WorldatWork Members Branding the Organization: The Role of Rewards Strategy , Journal of Total Rewards article;Assembling a More Perfect Value Proposition at IKEA , Workspan Magazine article;Bullying & Sexually Marginalized Workers: A Threat to the Employee Value Proposition , Journal of Total Rewards article; For Everyone What Does the Near-Future U.S.

.; ;Mercer (Dec. 10): 3.7% average total increase budgets for 2025; 3.7% actual average increases in 2024.; Factors Driving Higher and Lower Budget Forecasts If the WTW prediction for 2025 holds true, salary increases will remain at a fairly robust rate by historic standards (using the pre-pandemic norm of 3% as a measuring stick).

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; ;Well-Being; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

In WorldatWork’s 2022 Inventory of Total Rewards Programs & Practices , 39% of participating businesses offered adoption assistance (up from 28% in 2016), and 29% offered adoption reimbursement (up from 18% in 2016).