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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 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.

For WorldatWork Members Total Rewards Inventory of Programs & Practices , research;How to Calculate the ROI on Your Wellness Program , Workspan Magazine article;Total Compensation Statement Builder , tool; High-deductible health plans (HDHPs) and health savings accounts (HSAs) are an employer’s friend because they can initiate lower premiums, greater cost-sharing with employees and lowered Federal Insurance Contributions Act (FICA) taxes on contributions.

Organizational Performance Employee Compensation Employee Recognition Total Rewards Survey Results Employers are increasing their efforts to innovate and are relying on financial and non-financial rewards to spur new ideas and ways of doing business.

The Journal of Total Rewards (29): 3.

In the past, plan design was largely at the discretion of total rewards and HR professionals.

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: Total Rewards ;Organizational Performance ;Career Growth;

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Workspan Daily article;Employees Seek More Personalized Total Rewards Packages , Workspan Daily article;With a Multigenerational Workforce, Personalized Rewards Are Key , Workspan Daily article;Essentials of Compensation Management , course;Total Rewards ’25 On-Demand Highlights , virtual conference; Total rewards professionals might pick up a few unexpected tips from their local movie theater to help balance the motivations of employees and business units that provide consistent, reliable value with those that strive for innovation and risk-taking.

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For WorldatWork Members Strategic HR Analytics: Driving Business Performance , Journal of Total Rewards article;Total Rewards Inventory of Programs & Practices , research;People Analytics Study , research; Whether designing or evaluating employee benefits, total rewards (TR) professionals perform an intricate juggling act, taking to heart: ;What employees say they want,; ;What employees actually use,; ;Employer budgets, and; ;Employer objectives.; With these — and other — balls in the air, TR pros today must utilize data to detect patterns and create balanced and effective benefits programs.