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For WorldatWork Members Guidance on How to Avoid Common FLSA Classification Errors , Workspan Daily Plus+ article;Total Rewards for New Ways of Working , Journal of Total Rewards article;The Pros and Cons of Recruiting Gig Workers , Journal of Total Rewards article;Harnessing Social Capital in a Gig Economy , Journal of Total Rewards article;Recognition: It’s Not for Everyone , Journal of Total Rewards article; Employers utilize independent contractors (ICs) to support specific projects and address short-term, specialized labor needs, thereby reducing overall employee compensation and benefits costs.

Truth be told, this is no easy task to manage, given that total rewards and HR professionals must swiftly devise compensation solutions in response to economic shifts, complex laws and evolving workforce expectations.

;Total compensation statement.

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;

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; ;Employee Compensation; ;Total Rewards; #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 Stay Interviews: A Simple Way to Boost Retention , Workspan Daily Plus+ article;Reimagining Rewards Strategies in the New Landscape of Work , Journal of Total Rewards article;How Qualitative and Quantitative Data Can Influence Benefits Design , Workspan Daily Plus+ article; For Everyone Pulse Survey Reveals Tech Industry Holding the Line on Stock-Based Compensation , Workspan Daily article;Recent HR Software Acquisitions Point to More AI-Focused Future , Workspan Daily article;How An Industry Leader Sees Technology Transforming Total Rewards , Workspan Daily article; Notwithstanding a persistent string of layoffs in the technology sector over the past year, attracting the right tech talent continues to pose challenges for employers.

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.

Workspan Daily article;Reimagining Total Rewards — A Personalized and Dynamic Experience , webinar; HR departments and their total rewards (TR) function traditionally have been responsible for the well-being of the organizational workforce, but this responsibility has become increasingly demanding in recent years.

For WorldatWork Members Considerations When Applying AI to People Analytics , Workspan Daily Plus+ article;Easy AI Tips to Improve Benefits Communications , Workspan Daily Plus+ article;Get the Most Out of Your AI Investment , Journal of Total Rewards article;TR Is Key to Successfully Integrating AI and Work , Journal of Total Rewards article;Total Rewards Inventory of Programs & Practices , research;HR & Total Rewards AIntelligence Lab , tool; For Everyone How Artificial Intelligence Risks Directly Apply to Total Rewards , Workspan Daily article;How Will AI Impact TR’s Roles and Strategies Over the Next 5 Years?

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;Employee Compensation;Total Rewards;