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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; ;Total Rewards;

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 Experience; ;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.

;In total, nearly 95% of organizations reported using either a market-based or traditional compensation structure in this year’s survey.;13% more respondents said they use a single salary structure in this year’s survey versus 2019.;54% of organizations reported having multiple compensation structures, down slightly from the previous survey’s 59%.; “Understanding the ever-evolving landscape of salary structures is crucial for organizations in today’s dynamic market conditions,” said Liz Supinski, director of research and insights at WorldatWork.

For WorldatWork Members Retirement Booster , Workspan Magazine article;Helping Employees Secure Their Retirement Future , Journal of Total Rewards article;Retirement Plans — Design Considerations & Administration , course; One of the more uncomfortable situations an HR or total rewards (TR) professional can encounter is asking an older employee when they plan to retire.

For WorldatWork Members Supporting Employee Caregivers: A Resource Guide , Workspan Daily Plus+ article;Torn Between Work and Care , Workspan Magazine article;Childcare Benefits: Addressing Cost and Accessibility , Workspan Magazine article;Total Rewards Inventory of Programs & Practices , research; For Everyone Why Caregiver Stress Is a Total Rewards Issue (and Opportunity) , Workspan Daily article;Who’s Taking Care of the Caregivers?

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.

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 Compensation; ;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.

.; 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 Experience; ;Total Rewards;

Action steps include: ;Build job architecture and consistent job leveling , since it’s the prerequisite for downstream efforts toward pay transparency.; ;Train managers on how to lead performance and compensation conversations ; such discussions should be done in tandem, not separately.; ;Expand transparency to pay ranges and market definitions ; trust and credibility likely won’t come if employees don’t have the right context.; ;Deploy TR statements to give employees a full view of compensation value.; ;Leverage purpose-built AI in compensation analysis , where it can surface compression and equity gaps before they become retention problems.; 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 Compensation; ;Total Rewards; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly

For WorldatWork Members Helping Employees Secure Their Retirement Future , Journal of Total Rewards article;Retirement Booster , Workspan Magazine article;Revisiting Retirement Benefits , Workspan Magazine article;Your Retirement Plan May Be Fostering Inequity: Here’s How to Fix It , Workspan Magazine article; The fact that most Americans are so unprepared for retirement that they fear it more than death , according to recent LiveCareer research, is a problem for employers — one that total rewards professionals can help solve.