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“That speaks to the power that non-financial rewards like job security, benefits and flexible work have in retaining employees,” said Monica Martin, a senior director and total rewards leader at WTW.

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 Experience; ;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 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.

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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 Compensation; ;Equitable and Diverse Workplaces; ;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.

In the area of total rewards, improvements may come in the form of: More targeted, personalized benefits;Compensation adjustments at the individual, role, team or holistic level;An increased focus on work-life balance and well-being;Professional development opportunities that better meet worker expectations and organizational needs;Effective, frequent and sufficient recognition (both formal and informal).; The act of collecting employee feedback alone can improve morale, benefiting the workplace culture, but taking some additional steps may help to maximize survey outcomes for the organization, the HR and total rewards team, and the workforce.

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.

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.

Workspan Magazine article;5 Minutes With … Michael Horne, Dow's Global Rewards Leader , Workspan Magazine article;Financial Reporting 101 for Total Rewards Pros , Workspan Daily Plus+ article;Emphasize the Value of Total Rewards During Economic Uncertainty , Workspan Daily Plus+ article;How to Calculate the ROI on Your Wellness Program , Journal of Total Rewards article;2026 Priorities of Total Rewards Leaders , research;WorldatWork KPIs and Business Formulas , tool; “It’s an incredible time for the HR function.

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.