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Future-thinking total rewards leaders prepare for a range of economic and labor conditions and consider their impact on total rewards programs and practices.

Today, total rewards is far broader, extending beyond compensation to include well-being, benefits, development and recognition.

Optimization requires all total rewards elements to move in sync toward a common objective, making integrated total rewards decision making (and a coherent total rewards strategy) mission critical.

Keep track of state-level notifications that will flesh out detailed implementation rules for occupational safety and health, social security, working conditions, etc.; 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.

Election for Total Rewards Professionals , on-demand webinar;Federal Judge Kills OT Final Rule and its Salary Threshold Increases , Workspan Daily article;NLRB Seeks to Prosecute Employers Over ‘Stay-or-Pay’ Provisions , Workspan Daily article; Each Presidential election in the United States brings with it the chance of large-scale change by a new administration.

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: ;Equitable and Diverse Workplaces; ;Employee Benefits; ;Employee Compensation; ;Employee Experience; ;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.

Total Compensation Statement Builder Save Quickly and easily build personalized statements that show your employees the total value of compensation and benefits they receive from your organization.

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; ;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.

Rocky Mountain Total Rewards Association Is WorldatWork’s 2023 Affiliate of the Year Engagement and Value Proposition Helps RMTRA Capture WorldatWork’s Top Annual Award for Local Affiliates November 13, 2023 Scottsdale, Arizona — The Rocky Mountain Total Rewards Association (RMTRA) captured WorldatWork’s “2023 Affiliate of the Year Award” thanks to stellar engagement and improvement of the member-value proposition.

Compensation Planning Survey” found that total compensation increases averaged 4.1% and merit increases averaged 3.8%, which were slightly below what U.S. organizations projected in November, but above 2022 compensation increases.