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Recent exchanges underscore the need for a discussion on the importance of equity-focused efforts by HR / total rewards professionals.

The accelerated vesting of equity awards is typically the most valuable benefit to an executive — comprising ~60% to ~70% of the total value of all golden parachute benefits for CEOs and CFOs , according to Alvarez & Marsal’s 2023/2024 Executive Change in Control Report .

Overtime and premium pay annually make up approximately 3% of total workforce compensation, or around 4.2% of salaries and wages, according to the U.S.

For WorldatWork Members Financial Well-Being Benefits Get a Rebrand , Workspan Magazine article;5 Minutes With … Marty Collins, Colgate-Palmolive’s Global Total Rewards EVP , Workspan Magazine article;Rewards Management Survey: Employee Financial Well-Being , Journal of Total Rewards article;Emphasize the Value of Total Rewards During Economic Uncertainty , Workspan Daily Plus+ article;Financial Well-Being Study , research; For Everyone Employers Aim for a Benefits Bull’s-Eye But Frequently Miss the Mark , Workspan Daily article;Employers Showing ‘Growing Appetite for Disruptive’ Benefits Solutions , Workspan Daily article;Financial Planning Tips Can Help Older Workers Budget for Retirement , Workspan Daily article;Incorporate AI to Personalize Financial Well-Being Benefits , Workspan Daily article; A sizeable percentage of American workers aren’t just open to getting personalized financial advice through their employer — they’re willing to pay between

For example, do current job offer letters, employment agreements or total rewards statements note that “employees are paid monthly ” or “your weekly compensation will be [amount]” or “your total earnings distributed biweekly over 26 pay periods were [sum]?”

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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).

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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.