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As appropriate, tailoring questions to ask “how” they will meet specific requirements over questions around “can you” meet the requirement will give additional insights into the vendors’ approaches (such as will it be out of the box or require custom work?).

“If you can see the train coming, concerns about a train wreck are actually not as big of a problem,” said Rossell, the former chief economist at CNBC and co-host of its “Squawk Box” news program.

Several Strategies to Consider Danhart recommends a variety of strategies to improve feedback loops, including: Social listening (monitoring social media platforms and online forums);Data analytics (leverage listening tools to analyze employee data and identify patterns or trends);Focus groups (also a great tool to utilize as new total rewards programs are being designed);Persona development (creating different demographic profiles to tell the varying stories of your people);Continuous feedback channels (regular check-ins, suggestion boxes or anonymous feedback platforms can encourage people to share their wants, interests and needs on an ongoing basis); Another strategy DeBellis finds particularly effective is conjoint analysis, which leverages input from individual employees about trade-offs they would hypothetically make in their rewards packages.

Feedback showed that we heard and listened to our employees, and I think that’s the first check box for us.

But, once a few people are willing to step outside the box, and they have a good experience, others start to take notice.

It’s everything, not just training to meet compliance goals or to be able to check the box, but building more inclusive leadership skills, that we are doing better on how we are managing diverse groups of people.

Be suspicious of black-box, one-size-fits-all AI solutions.

For a period of time, companies were just adding those type of metrics to “check the box” but companies are now taking a slower, more measured approach.

Synthetic equity can be used broadly or narrowly since its definition has yet to be completely boxed in and agreed upon.