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In WorldatWork’s 2024 Total Rewards Inventory of Programs & Practices , 69% of the nearly 1,000 responding organizations reported offering paid time off for employees to vote, and 33% reported offering unpaid time off to vote.

., served as guest editor for this Performance Management and Total Rewards issue of The Journal of Total Rewards .

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; ;Employee Compensation; ;Total Rewards; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

, 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.

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: ;Equitable and Diverse Workplaces; ;Employee Compensation; ;Total Rewards; #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 ;What Are TR Pros’ Options for Paid Care Leave Design , Workspan Daily Plus+ article; ;Use This Template to Create Your Paid Family and Medical Leave Policy , Workspan Daily Plus+ article; ;Best Practices for Supporting the Parental Leave Transition , Journal of Total Rewards article; ;Family Time: Giving New Parents a Hand , Workspan Magazine article; For Everyone ;Paid Care Leave Rising in Importance for Workers, Workspan Daily article; ;Why Caregiver Stress Is a Total Rewards Issue (and Opportunity) , Workspan Daily article; ;Family Care: A Meaty Problem for ‘Sandwich Generation,’ Employers , Workspan Daily article; ;Who’s Caring for the Caregivers?

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.

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: ;Equitable and Diverse Workplaces; ;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.

For instance, if employees want to shift $100 in base pay to bonus, they would get $100-$125 added to their their bonus – a 10%-25% premium in total compensation opportunity.

Department of Labor (DOL) administers and enforces comprehensive labor laws that total rewards professionals must master and keep pace with, including the Fair Labor Standards Act (FLSA), the Family and Medical Leave Act (FMLA), and several federal contractor-related acts regarding pay and benefits.