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If organizations can quantify candidate assessments — for example, the total years of relevant experience — they can use these inputs via AI to help ensure pay parity as new hires are brought into the organization, Sun said.

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For WorldatWork Members 2026 Priorities of Total Rewards Leaders , research;Reimagining Rewards Strategies in the New Landscape of Work , Journal of Total Rewards article;Why It’s Time for a Compensation Philosophy Refresh , Workspan Magazine article;Around the Globe, December 2025-January 2026 , Workspan Magazine article; For Everyone How HR and TR Leaders Can Build Future-Ready Rewards , Workspan Daily article;WorldatWork India Conference Provided Views into Total Rewards’ Future , Workspan Daily article;How New Labor Codes in India Will Reshape Total Rewards Strategies , Workspan Daily article;Geographic Pay Strategies , course;Market Pricing and Competitive Pay Analysis , course; The intertwined challenges of cost-of-living allowances (COLA), currency instability, supply-demand gap, political events and compensation design have elevated total rewards (TR) into one of the most strategic functions in global organizations.

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With a workforce made up of employees from four generations and a range of different life stages, it can be tough to meet everyone’s specific needs, said Amy Bloomquist, the company’s total rewards health and wellness manager.

At the very least, rising inflation may make total rewards programs (e.g., those on financial literacy) even more important to organizational employees.

Set your strategy for late elections.; ;Resolving inconsistencies, such as a family plan election with no dependents listed.; ;Auditing for dependent status, ensuring new dependents are added correctly and dependents who have aged out are not enrolled.; ;Sending out election confirmations, if not automatically generated.; ;Verifying that premium deductions are accurate and will be set up correctly in payroll.; ;Generating election data in the format required by the carrier and submitting it promptly, allowing extra time to resolve any unforeseen issues.; 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 Experience; ;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.