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

Total compensation is not just a transactional element of employment.

For WorldatWork Members The Great Benefits Reset: Value, ROI Lead Strategic Influences Ahead , Workspan Magazine article;How to Understand What Matters Most to Job Candidates , Workspan Daily Plus+ article;Utilizing Benefits to Strategically Foster Employee Engagement , Journal of Total Rewards article;Benefits Pulse: A Guide to Listening, Learning, and Leveling Up , tool;Total Rewards Inventory of Programs & Practices , research; For Everyone What Makes Some Countries Leaders When It Comes to Workforce Benefits?

“Dismissed by Degrees,” a 2017 study by researchers at the Harvard Business School , found that 70% of the listings for office-supervisor positions required a bachelor’s degree, even though fewer than 35% of people in those jobs possess one.

“As Gallup finds, it’s not just the hours, work-life balance, or workplace location that leave workers dissatisfied ,” wrote CNBC’s Leah Collins. “ In fact, worker disengagement rises with remote work and 4-day week workers, and stress levels rise for in-person and 5-day week workers. ” Gallup also found that the manager or team leader alone accounts for 70% of the variance in team engagement

This has led to an array of emotional well-being resources as one of the most critically offered elements of a total rewards package for many employers.

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; ;Organizational Performance; ;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.

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.

Workspan Daily Plus+ article; ;Pay Transparency and Pay Equality in the UK , Journal of Total Rewards article; Heading into 2025, 11 states and the District of Columbia had some form of pay transparency law in the books, with an additional three new state laws going into effect later this year.

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.