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For the first time, in 2023, the North American pet insurance industry eclipsed US$4 billion in total sold premiums ($4.27 billion total, vs. $3.5 billion in 2022).

, Workspan Daily; ;Designing Executive Compensation Peer Groups for Maximum Impact , Workspan Magazine; ;Compensation Committee Toolkit , WorldatWork Tool; ;Total Rewards Inventory of Programs & Practices , WorldatWork Research; ;Compensation Structure Policies and Practices , WorldatWork Research; 4 Factors Influencing Compensation Philosophy As organizations seek to make changes to their compensation philosophy guidelines, four areas are seeing pronounced shifts, according to compensation experts: pay transparency, DEI, total rewards and equity and incentive usage.

For WorldatWork Members Don’t Underestimate the Power of Non-Financial Rewards , Workspan Daily Plus+ article;How Qualitative and Quantitative Data Can Influence Benefits Design , Workspan Daily Plus+ article;Utilizing Benefits to Strategically Foster Employee Engagement , Journal of Total Rewards article;Total Rewards Inventory of Programs & Practices , research;Benefit Document Builder , tool; For Everyone Where Does the Power Lie in the Employer-Employee Relationship?

The ability of a president to fire members of federal agencies has great impact on HR and total rewards professionals since many of these bodies — including the NLRB, Equal Employment Opportunity Commission, Securities and Exchange Commission, Social Security Administration, and Pension Benefit Guaranty Corporation — oversee critical aspects of work, the workforce and the workplace.

The past few years have certainly been eventful, from a talent and total rewards perspective.

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: Total Rewards ;Employee Compensation ;Employee Experience ; Be the First to Know Get the latest news on trends and compliance regarding Total Rewards, compensation and benefits delivered straight to your inbox from WorldatWork's experienced publications team.

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.

Employers and total rewards professionals also can help their workers boost their contributions in several ways.

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.

Explore HSA Contributions — and Communicate with Employees Even when given access to HSA-eligible accounts — 78% of employees surveyed in WorldatWork’s 2022 Inventory of Total Rewards Programs and Practices offered HSA accounts among their benefits — some workers enroll in those plans but never open an HSA. “ Choices are good, but there’s choice fatigue,” said Alexander “Sander” Domaszewicz, a principal and healthcare consultant at Mercer.