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For WorldatWork Members The Role of Employee Ownership in Total Rewards Strategy , Journal of Total Rewards article;The Equity Alternative: Rewarding Employees Without Traditional Stock , Workspan Daily Plus+ article;The Trust Equation: Building Trust Through Total Rewards , Workspan Daily Plus+ article;Pivot on Pay: Getting Creative to Attract and Incentivize Talent , Workspan Magazine article; For Everyone Might ESOP Benefits Put the Success in Succession?

Workspan Daily Plus+ article;From Jobs to Skills to Outcomes: Leading the Evolution in Total Rewards , Workspan Magazine article;Guided Checklist for Analytic Thinking & Data-Driven Action in Total Rewards , tool; Rather than purely total rewards, talent acquisition, or learning and development, more business professionals from non-HR backgrounds — including finance, operations, sustainability, risk, legal, communications and more — are making the leap to the function’s ultimate position: chief HR officer (CHRO).

Among the compensation programs seeing increased usage are: Special incentives/bonuses outside of regular bonus programs (20% increase in usage);Sign-on bonuses and increased use of internal referral bonuses (18%);Retention bonuses (18%); The ‘Stickiness’ of Base Raises Wisper and Bremen point to the labor economics concept of “stickiness.”

For WorldatWork Members Making Your Rewards Total Through Equity , Workspan Magazine article;How to Reduce Risk, Maintain Value of Diversity and Equity Programs , Workspan Daily Plus+ article;The Next Equity Frontier: Analytics to Ensure All Have Opportunity to Progress , Journal of Total Rewards article;The Potential Dangers of Aggregated Statistics , Journal of Total Rewards article;A Management Primer on the Basis for Pay Equity , Journal of Total Rewards article;Pay Equity Laws by State — Are You in Compliance?

Given the size of an employer’s total healthcare spend, even small percentage-point shaving can substantially impact the bottom line.

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; ;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.

Over the past decade, our analysis of Russell 3000 pay data uncovered a significant shift in how organizations determine total executive compensation packages — including base salary, bonuses and long-term incentives.

Gen X followed closely, with 26% reporting a side hustle.; 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: ;Career Growth; ;Employee Benefits; ;Employee Compensation; ;Employee Experience; ;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.

For WorldatWork Members Guidance on How to Avoid Common FLSA Classification Errors , Workspan Daily Plus+ article;The Gig Economy: The Joint Tax Consequences of Contractor Versus Employee Classification , Journal of Total Rewards article;The Pros and Cons of Recruiting Gig Workers , Journal of Total Rewards article;When Must an Employer Offer Benefits to Part-Time Employees?