Searching Workplace Equity on page 58

“Using market data to benchmark roles, putting together salary ranges for each role and running pay equity checks prior to posting a salary range in compliance with pay transparency laws are the bare minimum organizations must do.”

This helps create a human-centered workplace where all employees are valued and respected.

This approach also has the benefit of advancing the organization’s diversity, equity and inclusion initiatives, Leeds noted.

For WorldatWork Members Considerations to Manage the Costs of GLP-1 Coverage , Workspan Daily Plus+ article;Total Rewards Inventory of Programs & Practices , research;Total Rewards Inventory Checklist , tool;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;Employers Grapple with the Rising Costs and Popularity of Specialty Weight-Loss Drugs , Workspan Daily article;Most Employers Hold Firm on Well-Being Offerings — But Want Results , Workspan Daily article;As Health Costs Spike, Total Rewards and CFO Collaboration Is Crucial , Workspan Daily article;Employers Facing Healthcare Cost Containment Challenge for 2025 , Workspan Daily article; NEW!

In Canada specifically, we’re also seeing continued investment in pay equity compliance (for those impacted by either the Canadian federal pay equity law, or the Quebec regulations.)

Impacts to Your Bottom Line Delaying preventive care can lead to more complex diagnoses that could impact the cost to employees, their families and their employers, said Regina Ihrke, the managing director for health, equity and well-being at consulting firm WTW.

She currently serves as Director of Global Compensation at Masco Corporation, overseeing compensation strategy, equity programs, and pay governance across a global employee base.

Alex MacDonald, a shareholder at Littler Mendelson P.C. and a member of the employment law firm’s Workplace Policy Institute (WPI), provided insights on a host of related regulatory and legislative issues.

Save Reuse Permission Simply put, an employee value proposition (EVP) is the deal made between an employer and an employee; in exchange for the employee’s good work, the employer offers pay, benefits, a workplace culture based on stated values, career and learning opportunities, and more.

While the term “merit” implies a performance-based increase, in reality, at most organizations it’s a “catch-all” for a wide range of factors,” she said, such as market movement, equity and performance.