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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;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.

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.

For WorldatWork Members ;Navigating the Wild World of IT Skills Pay , Workspan Magazine article; ;Internal Talent Marketplaces Get a Boost from AI , Workspan Magazine article; ;How AI is Changing Total Rewards Functions and Roles , Workspan Magazine article; ;AI and the Skills Evolution: Where the Total Rewards Function Fits In , Workspan Daily Plus+ article; ;Leveraging Job Descriptions for Effective Compensation , tool; For Everyone ;The Rise of Skills-Based Rewards, and What You Must Do About It , Workspan Daily article; ;Elevate Engagement and Workforce Planning Through AI , Workspan Daily article; ;How AI Is Transforming the Total Rewards Landscape , Workspan Daily article; ;AI in Action: Implementing AI in Compensation , webinar; Workers who have the right artificial intelligence (AI) skills or training — and apply them in the right place, at the right moment — may earn a pretty penny in today’s hiring landscape.

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

Workspan Daily article;Total Rewards Competitiveness Analyzer: Understand How You Stack Up , Workspan Daily Plus+ article;How to Understand What Matters Most to Job Candidates , Workspan Daily Plus+ article;Trends in Workplace Flexibility , research; For Everyone EBSA Rescinds Guidance on Cryptocurrency in 401(k) Plans , Workspan Daily article;Blockchain Can Enhance Organizational Processes and Rewards , Workspan Daily article;Beyond Borders: Navigating Global Pay Transparency, Equity and Compensation Management , webinar;Essentials of Compensation Management , course; With a U.S. presidential administration strongly supporting digital currency — perhaps most visible with President Donald Trump’s March 6 executive order to establish a strategic bitcoin reserve and a national digital asset stockpile — might now be the time to scroll ahead and get ready for when your employees ask to be paid in cryptocurrency?

For instance, if employees want to shift $100 in base pay to bonus, they would get $100-$125 added to their their bonus – a 10%-25% premium in total compensation opportunity.