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“It speaks to a culture of caring about workers — and taking an employee-centric view to the design of benefits.”

Wage Transparency Act of 2014 , is in part designed to alleviate chronic pay discrimination experienced by minorities.

The report also revealed each generation’s top professional goals, which include: Work-life balance: millennials (85%), Gen X (81%), Boomers (60%);As much flexibility as possible: millennials (78%), Gen X (73%), Boomers (63%);Making as much money as possible: millennials (59%), Gen X (55%), Boomers (38%);Having a job where they can travel: millennials (41%), Gen X (28%), Boomers (16%);Owning their own business: millennials (35%), Gen X (27%), Boomers (15%);Becoming a manager: millennials (13%), Gen X (9%), Boomers (5%); This data reveals how goals shift over an employee’s career, said Julie Voges, HR consulting regional practice leader at OneDigital Southeast, and it calls on total rewards professionals to design flexible rewards programs to meet employees where they are across the different generations.

Depending on the employer’s plan design, employees must incur eligible expenses before the plan year’s end or soon thereafter, to avoid forfeiting any remaining money in the account.

Here’s How to Leverage It for TR; ;How Qualitative and Quantitative Data Can Influence Benefits Design; “Total rewards is the largest spend on any human capital balance sheet,” said Frank Giordano, a senior manager in Deloitte’s human capital practice.

In the announcement , Lorraine Stomski, Walmart senior vice president, learning & leadership, wrote, “Over the coming months, more than 2.3 million associates will have access to the company’s job-specific retail training as well as new well-being and leadership courses designed to build and grow their careers and delight our customers.

So I think there’s questions about how to design the benefit once you get past the hurdle of whether you want to provide it.”

In an environment of constant disruption and transformation, effectively designed, financed and delivered total rewards strategies can enhance business value and build a productive and engaged workforce.

Organizations also do better when there is a foundational level of understanding among all employees on the compensation philosophy, the program design and how decisions about pay are made, Vallas said.