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For WorldatWork members 2024-2025 Salary Budget Survey , research;Total Rewards Inventory of Programs & Practices , research;Salary Data Center , tool;Total Compensation Statement Builder , tool;Thinking Beyond Base Pay , Workspan Magazine article; For Everyone Pay Isn’t Enough — Benefits Are Key to Engage, Retain Workers , Workspan Daily article;Survey Data, Partnerships Enable Effective Salary Budget Plans , Workspan Daily article;More Employee Compensation content; While pay continues to be a leading factor in attracting top talent, some employees indicate other factors — such as a business’ brand and reputation or organizational culture — may weigh more heavily than compensation in their decision to work for a company.

That’s why it is so alarming to see that 91% of surveyed employees said “communicating well” is a critical skill their leaders lack, and nearly 70% of surveyed managers admitted they are uncomfortable communicating with employees in general.

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; ;Finance and Budgeting; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

AI has been cited for 48,414 job cuts this year.; ;Market and economic conditions as responsible for another 21,104 cuts, bringing the year-to-date total for this reason to 229,331.; ;Closings of stores, units and plants as triggering 16,739 cuts for the month and 161,391 for the year.; ;Restructuring as the factor in 7,588 cuts, for a total of 108,038 so far in 2025.; “October’s pace of job cutting was much higher than average for the month.

The column could be made more specific to note the type of plan: sales compensation, team award only or company bonus plan.

Next Steps So, how should total rewards professionals proceed, given all the changes?

For WorldatWork Members ;Navigating Living Wages in Total Rewards , Workspan Magazine article; ;Labor vs.

;Suggestion: Use a task force of stakeholders from sales management, sales operations and finance to develop a set of design policies that — based on job content — specifies design practices regarding plan eligibility, target compensation levels, pay mix, leverage (upside), number and types of performance measures, and performance and payout periods.

For WorldatWork Members Considerations to Manage the Costs of GLP-1 Coverage , Workspan Daily Plus+ article;Navigating Living Wages in Total Rewards , Workspan Magazine article;Five Emerging Workplace Trends Affecting the Employee Experience , Journal of Total Rewards article; For Everyone As Interest in GLP-1 Drugs Spikes, Employers Weigh the Costs, Benefits , Workspan Daily article ;Employer Healthcare Costs Projected to Hit 10-Year High in 2025 , Workspan Daily article ;Employers Look to Balance Rising Health Costs, Benefit Upgrades in ’25 , Workspan Daily article ;As Health Costs Spike, Total Rewards and CFO Collaboration Is Crucial , Workspan Daily article ; Healthcare costs in the coming year are expected to rise in varying degrees for employer-provided coverage plans, according to three reports recently published by WTW, Segal and Mercer .

Education Credits Event & Webinar Credits Membership Credits Presenting Credits Writing Credits Volunteering Credits WorldatWork Event & Webinar Credits Type Credits Earned WorldatWork Total Rewards Conference 12 credits WorldatWork Sales Compensation Conference 12 credits WorldatWork Affiliate Event 2 credits / event; up to 10 credits / certification year* Other WorldatWork Event (Summit Series, etc) 1 credit / hour Webinar 1 credit / hour *Credit maximums are calculated on a certification year basis (not on a calendar year).