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“Open enrollment is about more than just employees checking a box.

“It’s crucial to provide visibility into the compensation programs and processes, especially if compensation is seen as a ‘black box.’

Skills and experience are considerations, but so are out-of-the-box thinking and the ability of candidates to flex their muscles in new ways.

“We value our employees and their contributions, and we show it by offering robust compensation packages that we continually review to ensure that we remain competitive within the automotive industry,” Chris Reynolds, Toyota Motor North America's executive vice president, said in a statement.

To help illustrate that big picture, consider the following: ;After more than three decades in manufacturing engineering and plant management, Mary Barra mastered global product development, HR and supply chain strategy before becoming the chair and CEO of General Motors.; ;Following an engineering career in thermal analysis and satellite design, Gwynne Shotwell moved to master sales, contract law and supply chain management before becoming the president and COO of SpaceX.; ;With nearly two decades in server engineering and online services, Satya Nadella mastered unit economics, cloud architecture and organizational empathy before becoming the CEO of Microsoft.; While each could have stayed on a vertical path to lead a department within their functional expertise, they chose to broaden their scope and skills.

Key Takeaways Think outside the box.

Toyota Motor North America Executive Vice President Chris Reynolds explained, “We value our employees and their contributions, and we show it by offering robust compensation packages that we continually review to ensure that we remain competitive within the automotive industry.”

This is especially so since research by Ford Motor Company and others shows younger employees, in particular, would take a 20% pay cut to improve their quality of life —meaning employers might actually be able to comparatively pay a bit less by offering the flexibility employees want.

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Gee pointed to statements Jassy made on CNBC’s television program “Squawk Box,” and during two summits organized by Bloomberg News and the New York Times .