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In considering how best to proceed, various financial experts advised plan sponsors to: ;Recruit counsel and fiduciary advisers with experience dealing with private equity to help them vet the new options; and,; ;Eventually seek in-depth presentations from multiple companies marketing new private market products that outline their fees, investment strategy and performance.; 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; ;Finance and Budgeting; ;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.

In fact, according to WorldatWork’s 2022 “ Pay Equity Study ,” nearly 70% of organizations reported taking action on pay equity in 2022, a 10% increase from 2019.

Evaluate Total Target Compensation Ranges The next step for an organization is to think about the salary and total target compensation ranges themselves. 

About WorldatWork WorldatWork , the Total Rewards Association, is the leading global nonprofit organization for professionals who are engaged in the critically important practice of Total Rewards.

Corporate aircraft use was the most expensive type of perk, with the median value for CEOs at approximately $132,000 (see Figure 3).

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: ;Organizational Performance; ;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.

.; As new research shows that younger people are increasingly being diagnosed with certain types of cancer, health experts say the push to include screenings at younger ages in employers’ healthcare offerings can have multiple benefits.

., where marijuana consumption is still illegal at the federal level, more than 70% of those using illicit drugs are employed.

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 Experience; ;Employee Recognition; ;Organizational Performance; ;Workforce Engagement; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

Try various types of questions and assessments.