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Moving forward, employers prioritizing DEI should balance legal protections with strong practices that go beyond lip service — while clearly communicating the value of those practices, said Stephen Paskoff, president and CEO of Employment Learning Innovations Inc.

Benefits that support worker quality of life include job security, good health insurance, generous paid time off, mental health benefits, caregiver support services, good retirement benefits and flexible working policies, Sette said.

For example, amenities like onsite services (i.e. subsidized meals and health clinic access) are part of the appealing in-person work environment that employees are seeking, said Monica Martin, a senior director of integrated and global solutions and total rewards leader at WTW.

.” – Emily Cervino, Head of Fidelity Stock Plan Services Industry Relationships and Thought Leadership When it comes to communicating about pay equity: Just over one in ten share the high-level results of pay equity analysis publicly.

Among those planning retirement, almost half (42%) expressed a desire to continue playing a role in Total Rewards through board service, teaching, or consulting work.; For more information on the Total Rewards Professional Career Study and its findings, please visit The Total Rewards Profession in 2023 .

Commonly Used HR Metrics Average salary/wage;Compa-ratios (comparison of pay to a salary range midpoint);Count of employees per segment (hourly, non-exempt, professional, management);Average performance ratings (latest cycle);Average annual pay rise granted for each performance rating;Count and average of promotional and “equity” increases;Voluntary turnover (employees who decided to leave);Average employee age and length of service; We could go on and on, but you get the point.

“The fact is that people with higher self-reported well-being are more engaged, less likely to leave and more productive,” said Laine Thomas Conway, vice president, engagement services strategy and enablement at Alight.

“That’s why training is so important ,” said Matt Doherty, managing director of workforce risk management at Sikich, a global company specializing in technology-enabled professional services.

Additionally, utilization ratesfor various health services have increased over the past two years.

Payscale, founded in 2002 and headquartered in Seattle, offers compensation-related software and data services, including salary surveys and data reports, to help employers manage their pay budgets and outlays and employees understand their job-market value.