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

When it comes to compensation, he said, AI can help organizations analyze objective data — such as job type, level and time-in-role — to ensure salary decisions are made in an apples-to-apples manner, where appropriate, across teams.

The company wants certain types of customers, with certain types of margins buying certain types of products.

The ability of a president to fire members of federal agencies has great impact on HR and total rewards professionals since many of these bodies — including the NLRB, Equal Employment Opportunity Commission, Securities and Exchange Commission, Social Security Administration, and Pension Benefit Guaranty Corporation — oversee critical aspects of work, the workforce and the workplace.

Consider these situations, for example: A market-leading software company determines retirement and health care benefit levels using a base salary formula instead of a total cash formula, even though base salary represents a much smaller proportion of total cash for sales compared to other employees.

The conference is tailor-made to assist multinational employers understand key issues, trends and solutions for developing and maintaining a global Total Rewards strategy.

“Leading employers need to be thoughtful, strategic and transparent about the overall total rewards offering for all of their various employee groups — potentially including elements beyond the hourly rate, to include things like benefit eligibility and other types of coverage,” he said Reviewing compensation structures to ensure that ranges are compliant is the bare minimum, Frost said, and employers need to think strategically and holistically to ensure that their total rewards programs support their workforce strategy and, by extension, their business strategy.

PBMs are progressively exploring ways to incorporate those types of offerings into their own apps and services that they offer insurers and employers, which total rewards professionals can vet as they’re assessing vendor solutions — a timely task as health costs continue to increase .

For WorldatWork Members Compensation Structure Policies and Practices , research;4 Reasons Performance Ratings Aren’t Vital to the Compensation Cycle , Workspan Magazine article;Salary Benchmarking , tool; For Everyone Traditional Job Architecture Career Streams Collide with Modern Work , Workspan Daily article;How Pay Transparency Connects with Job Architecture and Employee Trust , Workspan Daily article;How to Optimize Compensation through Business Cycles: A Case Study , Workspan Daily article;Total Rewards’25 , conference; It’s a unique time for compensation practitioners.

Rewards can also support happiness and experiential connections outside of work, such as cooking, pottery or other types of classes, or a year’s admission to a museum.