Searching Workplace Equity on page 56

ChatGPT could be used initially to assist in daily compensation-related work including generating reports, aggregating market data, evaluating the drivers of pay equity analysis and more.

It’s important for practitioners to verify any salary range suggested by AI, to ensure that the range is something the employer can afford and does not cause internal equity issues.

.; ;Full-value equity.

An accessible workplace that provides resources and support to accommodate employee needs can reduce stress and improve work-life balance, leading to higher job satisfaction and retention.

For WorldatWork Members WorldatWork KPIs and Business Formulas , tools;How to Reconcile Internal Pay Equity and External Competitiveness , Workspan Magazine article;Simplifying ‘Comp-Speak’ for Employees in the Era of Pay Transparency , Workspan Magazine article;Teaching Employees About Pay Helps Avoid Transparency Problems , Journal of Total Rewards article; Competitiveness ratios are key metrics that can allow HR departments and their total rewards (TR) professionals to assess the current state of their individual and collective TR offerings.

. ;; ;; ;; ; View Previous Issues Catch up on past issues of the Journal of Total Rewards Journal of Total Rewards Q2 2025 Explore the next equity frontier -- where analytics help ensure inclusive advancement opportunities.

Access a related Workspan Daily article on this subject: ;Perception Is Everything: The Path to Pay Confidence; Describe the Journey To create an environment in which employees understand how they can progress within the organization and increase their salary, start by training managers who will be having these conversations more frequently with workers, said Gail Greenfield, the executive vice president of pay equity and total rewards strategy and solutions at Trusaic, a pay equity and regulatory compliance software company.

In fact, LIMRA’s latest workplace trend reports find a much more active approach to managing employer-sponsored workplace benefits, with many organizations making multiple changes to their packages of insurance, retirement and other offerings over the past two years.

For WorldatWork Members Compensation Structure Policies and Practices , research;Salary Benchmarking , tool;Salary Budget Planning Guide , tool;Integrating Pay Equity Compliance with Effective Salary Administration , Journal of Total Rewards article; For Everyone The Five Goals of a Strong Compensation Structure , Workspan Daily article;How to Measure the Success of Your Annual Compensation Cycle , Workspan Daily article;Navigating the Architecture and Benchmarking Challenges of Hybrid Jobs , Workspan Daily article;Essentials of Compensation Management , course; Organizations today strive to be market-driven in their compensation strategies, aligning pay structures with external benchmarks to attract and retain talent.

Adapting Pay, Added Responsibilities While director pay remains stable, the NACD report found organizations are continuing to move away from meeting fees and incremental committee membership fees, with more value consolidated into annual cash and equity retainers.