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The Journal of Total Rewards 29(3): 25-35.

, 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.

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.

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

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 Experience ;Employee Recognition ; FREE Newsletter FREE E-newsletter Subscribe to Workspan Weekly for news on trends and compliance in Total Rewards, compensation and benefits.

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; #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 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.

Retirement program participants generally prefer to think in terms of periodic income, not total savings.

For WorldatWork Members Simplifying ‘Comp-Speak’ for Employees in the Era of Pay Transparency , Workspan Magazine article;A Tipping Point for Pay Transparency , Journal of Total Rewards article;Teaching Employees About Pay Helps Avoid Transparency Problems , Journal of Total Rewards article;Transparency in Sales Compensation , Workspan Magazine article;Pay Transparency Study , research; For Everyone Critical Considerations for Crafting an Effective Job Architecture , Workspan Daily article;How Pay Transparency Connects with Job Architecture and Employee Trust , Workspan Daily article;The Current Leading Practices in Building Job Architecture , Workspan Daily article;Job Architecture for the Future of Work , on-demand webinar; As organizations increasingly embrace pay transparency, a spotlight also is being cast on job architectures.

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 Compensation; ;Organizational Performance; ;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.