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Whether you need to do a communications campaign or relook what managers are saying, being proactive about analyzing your own data and communicating and promoting PTO will help you end up in a better place , and your workers will think much more highly of you because it is a valuable benefit.”

Workspan Daily article;Total Rewards Competitiveness Analyzer: Understand How You Stack Up , Workspan Daily Plus+ article;How to Understand What Matters Most to Job Candidates , Workspan Daily Plus+ article;Trends in Workplace Flexibility , research; For Everyone EBSA Rescinds Guidance on Cryptocurrency in 401(k) Plans , Workspan Daily article;Blockchain Can Enhance Organizational Processes and Rewards , Workspan Daily article;Beyond Borders: Navigating Global Pay Transparency, Equity and Compensation Management , webinar;Essentials of Compensation Management , course; With a U.S. presidential administration strongly supporting digital currency — perhaps most visible with President Donald Trump’s March 6 executive order to establish a strategic bitcoin reserve and a national digital asset stockpile — might now be the time to scroll ahead and get ready for when your employees ask to be paid in cryptocurrency?

Workspan Daily article; Financial services company Goldman Sachs Ayco recently analyzed the benefits and compensation offerings at more than 400 client companies and found those respondents are increasingly allowing employees to convert paid time off (PTO) into an equitable cash value directly applied toward: ;Student loan payments; ;401(k) accounts; ;Health savings accounts (HSAs); ;Charitable contributions, including donating time to other employees; ;529 plan contributions; ;Monetary payouts; In addition, the Goldman Sachs Ayco report showed more than 25% of these companies have a PTO purchase program, which allows employees to buy and sell their vacation days.

There is the fiduciary duty to analyze whether or not to offer the option of private funds to your plan participants but then also the fiduciary duty of making sure your plan participants are protected, informed and understand how the investments work and who the fund sponsors are.”

.; ;Regularly analyze your pay structures and salary ranges to ensure they’re fair, honest and aligned with external data, and be prepared to explain and defend them.

Analyzing 1,070 public companies across 18 markets, the data found up to 81% of global organizations now tie executive compensation to people-related metrics, such as employee retention and turnover.

“For employees hunkering down in Ukraine, cryptocurrency will only be valuable for them to meet daily needs if the stores and vendors they interact with are able to accept it,” O’Connor said.

., increasing diversity one job at a time) can lead to a big change (increasing diversity throughout the organization).

However, it can be difficult for companies to pressure-test on the front end given the asymmetrical visibility of the compensation committee with goal setting and the absence of external audit standards that ensure consistency.

“Organizations need to do the work of analyzing their current compensation structure and validating there is compensation consistency to those policies,” Romanyshyn said.