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A Total Rewards Issue Gord Frost, Mercer’s global rewards solution leader, said it ultimately becomes a total rewards issue, as employers need to take a holistic approach to address what caregivers deem as important.

For WorldatWork Members Voluntary Benefits’ Value Is Based on Integration into TR Package , Workspan Daily Plus+ article;ERISA Safe Harbor: The 4 Rules for Voluntary Benefits , Workspan Daily Plus+ article;5 Ways You Can Reduce Workers’ Open Enrollment Regret , Workspan Daily Plus+ article;Total Compensation Statement Builder , tool;Total Rewards Inventory Checklist , tool;Total Rewards Inventory of Programs & Practices , research; HR professionals are well acquainted with the challenges of promoting high-deductible health plans (HDHPs) to their company’s U.S. employees.

“Like many other companies, we introduced many smaller benefits to help [employees] with child care and elder care, to take additional paid intermittent leave and to allow flexibility to work from anywhere in the country, all of which helped to ease the stress that our employees were feeling,” said Ivor Solomon, head of total rewards at Genentech.

Editor's note: This article is the last in a four-part series exploring living wages in the total rewards context .

; ;The Monumental Mission of Meaningful Mentorships; ;Proactive TR Pros See ‘Train’ of Change Coming, Take Steps to Act; ;The Keys to Creativity and Driving Innovative Total Rewards; ;The Pros and Cons of Giving Managers Discretion on Merit Increases; ;Using Analytics, Innovative Framework to Transform HR/Total Rewards; ;How An Industry Leader Sees Technology Transforming Total Rewards; ;Biopharma Compensation Leader Has Put AI Under the Microscope; 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 Experience; ;Employee Recognition; ;People Analytics; ;Total Rewards; ;Well-Being; ;Workforce Engagement; #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 How AI is Changing Total Rewards Functions and Roles , Workspan Magazine article;Here Are 3 Ways HR Can Exhibit Agility and Show Value in the New Year , Workspan Daily Plus+ article;Your AI Star May Already Be Working for You , Workspan Daily Plus+ article;Pressure-Tested: 5 Guidelines for Building Resilient HR Teams , Workspan Daily Plus+ article;Get the Most Out of Your AI Investment , Journal of Total Rewards article;Mini-study: Emerging Insights on AI in Total Rewards , research; For Everyone AI Emphasis Among HR Executives’ Primary Focuses for 2026 , Workspan Daily article;The Shakeup of the HR Function Is at Hand (and Needed) , Workspan Daily article;How a Cisco Executive Views the Future of HR and the Future of Work , Workspan Daily article;2026 Board Focuses: Comp Design, Proxy Roles, Governance, AI and More , Workspan Daily article;Elevate Engagement and Workforce Planning Through AI , Workspan Daily article;AI in the Real World: What People

For WorldatWork Members The Trust Equation: Building Trust Through Total Rewards , Workspan Daily Plus+ article;Take These Three Steps to Mitigate Employee Distrust , Workspan Daily Plus+ article;Employee Engagement: Drivers, Measures and Outcomes , Journal of Total Rewards article; For Everyone Employee Trust Is a Problem (that TR Pros Can Help Address) , Workspan Daily article;Building Employee Trust Amid Layoffs , Workspan Daily article;How Pay Transparency Connects with Job Architecture and Employee Trust , Workspan Daily article;Is Your Organization Living Up to Its Employee Value Proposition?

Data Highlights:   Layoff likelihood predicted lower in 2024: Averaged across all eighteen countries, about 70% of participants reported no layoffs for 2023, with 91% anticipating the same for 2024.

See Issue Journal of Total Rewards Q1 2024 Artificial intelligence (AI) and its role in enhancing and improving total rewards is our focus in this issue of The Journal of Total Rewards.

Total Compensation Level For the STOXX Europe 600 sample, the median level of total CEO compensation (including base pay, short-term and long-term incentives) added up to 2.88 million euros ($3.43 million) for FY 2018 (see Figure 2).