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More than eight in 10 (83%) of the 656 responding organizations say they have been taking action on DEI initiatives in 2021, a 13 percentage-point increase from 2020.

“We also know that organizations are taking a broad approach to funding their increase in total compensation spend,” Jennings said, noting that 43% of survey respondents indicated they will fund through total rewards optimization, pointing to an approach that considers other factors beyond pay, such as well-being and benefits.

South Carolina House Bill 3435 , introduced Dec. 5, 2024, and referred to Ways and Means Committee; Senate Bill 126 , introduced Dec. 11, 2024, referred to Judiciary Committee; Senate Bill 234 , introduced Jan. 16, 2025, referred to Finance Committee; House Bill 3779 , introduced Jan. 16, 2025, referred to Ways and Means Committee Regarding these bills, University of South Carolina research showed most tipped employees in the state work in the tourism sector, including the hospitality industry, which comprises about 10% of the state’s total workforce.

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Identifying and Defining a Talent Moat If you consider a talent moat as an insulating force or set of forces against threats from competitors, then defining your moat and its special features can help your organization maintain focus, build on what’s important and fortify its weaker points.

The same can hold true for total rewards professionals when analyzing their organization’s compensation system.

;The Impact of the H.R. 1 Law on the Telehealth Safe Harbor; Access additional Workspan Daily Plus+ articles related to H.R 1: Checklist for Total Rewards to Be Compliant with H.R. 1 Provisions;The Ripple Effect: 529 Plans as a Catalyst for Financial Stability;What Are TR Pros’ Options for Paid Care Leave Design; 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; ;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 each issue of Workspan , we grab some time with total rewards leaders, industry authorities, consultants and academics to get their insights on current workforce topics that are top-of-mind for them — and you.

Year-over-year satisfaction with wage compensation, nonwage benefits and promotion opportunities at respondents’ current jobs fell to 56.7% (down 3.2 percentage points), 56.3% (down 8.6 points) and 44.2% (down 9.3 points), respectively.