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You need a comprehensive framework for evaluating global Total Rewards and compensation designs that are created with local sensitivity and a cohesive rewards philosophy aligned with your organizational strategy.

Gain the Competitive Edge: Rely on insights gathered by the leader in compensation and Total Rewards, providing you with the most trustworthy and up-to-date data available.; Global Perspectives: Benchmark your organization against the best with data from 23 countries including the United States, Canada, India, and the United Kingdom.

“You should be creating compensation guides to help managers understand your compensation philosophy,” said Total Reward Solutions’ Faurote.

The minimum annual salary required to satisfy the Highly Compensated Employee (HCE) exemption is $107,432.

Key Takeaways It starts with compensation clarity.

Submit "Whether you’re an early career person or a senior leader in the compensation and total rewards field like myself, there really is something for everyone."

. ;; ;; ;; ; Workspan Magazine, Feb-March 2024 In this issue of Workspan, we examine the union effect on compensation and benefits.

“Complexity of CEO Compensation Packages.”

For this installment, Workspan editors spoke with Brad Hill, principal at Clearwater Human Capital, a Chicago-based compensation firm, who identified two key issues facing rewards leaders at the moment: How organizations are helping their workers deal with inflation, and the role of rewards and compensation in helping these same companies hold on to employees at a time when a red-hot labor market is creating significant engagement and retention challenges.

Access a bonus Workspan Daily Plus+ article on this subject: ;Emphasizing the Value of Total Rewards During Economic Uncertainty; The economic uncertainties facing workers are significant: ;43% of employees surveyed by the Society for Human Resource Management (SHRM) said inflation had an extreme or significant impact on their personal finances in 2024, and 46% were concerned about inflation’s impact on the value of their compensation.; ;WTW’s recent “Global Benefits Attitudes Survey” found one-third of polled workers are financially worse off today than they were a year ago.