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Truth be told, this is no easy task to manage, given that total rewards and HR professionals must swiftly devise compensation solutions in response to economic shifts, complex laws and evolving workforce expectations.

In each issue of Workspan , we grab some time with total rewards leaders, industry authorities and academics to get their insights on current workforce topics that are top-of-mind for them — and you.

Read more about Land O’Lakes’ flex work strategy and results in our companion article: How Land O’Lakes Challenged Work Norms in Manufacturing; Changing practices like these have big implications for HR and total rewards leaders seeking to prioritize effective solutions amid a blue-collar labor market that’s experiencing dramatic challenges — including ongoing talent shortages and job-satisfaction malaise.

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; ;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.

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; ;Organizational Performance; ;People Analytics; ;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.

It can provide organizations with experienced strategic insights and budget flexibility — allowing total rewards dollars to be reallocated to full-time staff, thus potentially enhancing those offerings.

.; Additionally, pay inequity plays into the retirement gap, said Dena Faccio, the senior vice president of total rewards, employee relations and HR business partner-workplace solutions at investment company Voya Financial.

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 ; ;Total Rewards ; ;Workforce Engagement ;Career Growth; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

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: Workforce Engagement;Total Rewards;DEIB;