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Join Today The Story of WorldatWork See how WorldatWork’s growth — from a local compensation association to the worldwide leader in Total Rewards — has both reflected and shaped the evolution of localized employee compensation into global Total Rewards.

EMPLOYEE COMPENSATION Three-Step Commitment Achieves Gender Pay Equity Across Roles Even though 70% of companies reported taking action on pay equity in WorldatWork’s most recent Pay Equity Study , the gender pay gap remains stubbornly persistent.

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 Compensation ; FREE Newsletter FREE E-newsletter Subscribe to Workspan Weekly for news on trends and compliance in Total Rewards, compensation and benefits.

For WorldatWork Members ;How to Reduce Rater Bias in Performance Evaluations , Workspan Daily Plus+ article; ;4 Reasons Performance Ratings Aren’t Vital to the Compensation Cycle , Workspan Magazine article; ;Behavioral Performance Assessment: Turning the Painful into the Productive , Journal of Total Rewards article; ;Incentives and Recognition: An Evidence Review , Journal of Total Rewards article; ;Performance Review Builder , tool; For Everyone ;How to Mitigate Bias in the Performance Review Process, Workspan Daily article; ;Tips for Adjusting Compensation During Performance Reviews , Workspan Daily article; ;Improve Performance Management with Frequent Communication and Transparency , Workspan Daily article; ;Speak Candidly and Stick to Objectives During Performance Reviews , Workspan Daily article; NEW!

Many executive leaders responsible for the success of an organization come to the crucial realization that effective leadership does not just happen by chance.

To succeed these days, they need to: ;Think like a data analyst; ;Communicate like a public relations expert; ;Understand compensation like a financial wiz; ;Design benefit packages like an architect; ;Align strategies with business objectives like a CEO; ;Navigate regulatory compliance like a risk manager; ;Grasp legal compliance like a lawyer; This article focuses on those last two bullet points since TR compliance, particularly with wage-and-hour rules and regulations, can keep you and your team in good standing with organizational leadership, the general workforce, counsel and government agencies.

Indeed, the state currently has more than 8,600 open jobs within the executive branch.

Hearing about coworkers’ salaries, seeing pay ranges for their role online or finding a job posting — even for a different position and employer — can all impact workers’ perceptions of their pay, added Sal DiFonzo, the managing director of compensation and rewards consulting at consulting firm Gallagher, and a member of WorldatWork’s Compensation Advisory Council.

Join us as we engage with guests in the HR and rewards fields – including practitioners, service providers and academics — and people outside the field, including prominent business executives and authors, to gather perspectives on the ever evolving world of work.

“Once viewed as an off-ramp for executives drifting toward retirement or a life-raft for those struggling to re-enter the workforce after a break, independent consulting has emerged as a viable, and even attractive, option in today’s hot job market,” according to WSJ.