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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.

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

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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;Employee Compensation;Total Rewards;