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“In our experience, strict mandates tend to be viewed less favorably by employees, as opposed to setting expectations and guidelines that allow for some flexibility and choice for employees — in other words, freedom within a framework,” said Lauren Mason, senior principal, career, at Mercer.

“Managers need to set clear expectations about work redistribution, help employees close any skill gaps if they are taking on new responsibilities and help them connect the work they are doing back to the organizational purpose to feel fulfilled,” she said.

“For that, you may consider offering flexible schedules or setting core work hours.

Employees can set their own contribution rate, or use the program default, and can opt out of the program if they choose.

But what sets her apart is her ability to translate complexity into something leaders can act on and employees can trust.

Which peer sets and surveys define “the market” for each population?

The goal: Seasalt Cornwall set out to reshape the employee experience by overhauling its rewards and recognition package based on what workers had indicated was important to them, such as pay, well-being, work/life balance, coaching and recognition.

In publicly traded companies, key employees may receive stock options — the right to purchase shares at a set price when certain conditions are met, explained Ryan Cameron, a senior director at consulting firm WTW.

.; ;Health insurance companies and pharmacy benefit managers (PBMs) — Payers and PBMs set formularies, negotiate rebates, establish utilization management guidelines and impact what is covered for members.; PBM Strategies Given the role of PBMs in setting medications that are covered or recommended within an employer’s plan, they’re a key partner in adjusting or adding biosimilar coverage, said Savitha Vivian, the senior vice president of industry relations and formulary strategy at pharmacy benefit manager Optum Rx.

It may be necessary to evaluate existing personnel to determine if they are a good fit to the new set of responsibilities and skills.