Searching Workplace Equity on page 57

For WorldatWork Members ;Total Rewards Inventory of Programs & Practices , research;Unlocking the Value of HSAs: Trends, Truths and What's Next , webinar; ;Getting Benefits Enrollment Right: Big Trends Spark Fresh Strategies , Workspan Magazine article; ;Workplace Wellness: Best Practices Study , Journal of Total Rewards article; ;Wellness Woes: Why Aren’t Employees Using Your Benefits?

Despite the rollback, McDonald’s reported 30% of its U.S. leaders are members of underrepresented groups, up from 29% in 2021; it achieved gender pay equity at all levels of the company; and it met its goal of having 25% of total supplier spending go to diverse-owned businesses.

For WorldatWork Members Global Compensation — Taming a Complex Challenge , Workspan Magazine article;The Role of Employee Ownership in Total Rewards Strategy , Journal of Total Rewards article;Identify and Build a Wide Talent Moat , Workspan Magazine article; For Everyone International Remuneration: An Overview of Global Rewards , course;Winning Talent with Global Benefits and Total Rewards , webinar;Building a Global Benefits Strategy Requires a Nuanced Approach with Expert Support , Workspan Daily article;Clear Communication Around Equity Shares Benefits Companies and Employees Alike , Workspan Daily article; In an intensely competitive landscape where large organizations are racing — and competing among themselves — for top talent, startups often find themselves overshadowed.

Building a Culture of Trust To make progress in this area, Lemon recommended that organizations show employees there’s a place for them in an AI-driven workplace by helping them understand the possibilities AI tools can unlock when coupled with human expertise.

More than two-thirds (69%) of respondents said their organization uses too many technology platforms, while nearly the same amount (66%) agreed adopting new technologies at work often reduces efficiency instead of improving it.; “Friction in the workplace can easily trigger a ‘survive’ response from the workforce — feelings of anxiety, uncertainty and stress,” said Vanessa Akhtar, a managing director and head of consulting at consulting firm Kotter.

But over one-fifth (21%) of people from ethnic minority backgrounds say they have faced workplace discrimination because of their ethnicity alone in the last year, for example, and 15% of disabled people report encountering discrimination in the labor market based on disability.

For example, some organizations place equity compensation management under payroll or legal, while others integrate it with compensation.

Support Internal Consistency While external competitiveness is key, internal equity likely is just as important.

Provides criteria for exceptions, such as retention needs, market shifts or internal equity concerns.; ;Market or pay equity adjustments.

See Issue Journal of Total Rewards Q3 2021 This issue looks at ways to fix Social Security’s funding gaps, a pay equity primer for executives, investing in retail employees, and more.