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.; “Freelancers are essential to running modern companies as they fill skill gaps, smooth out surges and keep costs flexible,” said Shekar Nalle Pilli Venkateswara, a senior director of work of rewards at WTW.

“From there, total rewards teams can modernize plan design, adjust coverage where it doesn’t align with clinical norms and improve communication so employees know how to use the benefit effectively.”

Jones also noted employers should modernize their merit processes to eliminate stagnation and benchmark salaries against market data for informed decision-making.

Employers recognized that the modern workforce is no longer motivated by a single definition of value, and employees increasingly expect rewards that reflect their lived realities — whether that’s caregiving, financial resilience, global mobility or personal well-being .

. ; ; Ihrke also offered these strategies to help employers respond to rising overall healthcare costs : ;Modernize plan offerings to optimize high-performing healthcare delivery strategies, coupled with options that meet individual needs from affordability to savings. ; ;Evaluate vendor partnerships by conducting analytic performance reviews, audits and marketing to identify the best financial optimal partners to meet objectives . ; ;Prioritize micro-strategies for the key cost drives balancing attraction and retention.

For WorldatWork Members 4 Reasons Performance Ratings Aren’t Vital to the Compensation Cycle , Workspan Magazine article;Compensation Structure Policies and Practices , research;Salary Benchmarking , tool; For Everyone Navigating the Architecture and Benchmarking Challenges of Hybrid Jobs , Workspan Daily article;Architect the Comp Team by Considering Size, Structure, Roles , Workspan Daily article;Traditional Job Architecture Career Streams Collide with Modern Work , Workspan Daily article; If you are a compensation professional, the annual cycle is your moment in the spotlight.

For WorldatWork Members ;Anatomy of a Wellness Program: Ensuring Regulatory Compliance , Workspan Daily Plus+ article; ;State Laws Comparison Tool , tool; ;Health Plan Compliance Calendar , tool; ;Total Rewards Inventory of Programs & Practices , research; For Everyone ;How Different Generations View, Value and Select Voluntary Benefits , Workspan Daily article; ;Employers Say They Offer ‘Modern’ Benefits; Workers See It Differently , Workspan Daily article; ;What’s the State of Pet Insurance Right ‘Meow’?

.; “Manager coaching capabilities directly support the flexibility and personalization that define modern systemic rewards approaches,” she said.

Workspan Daily article; Core competencies for the modern manager may include hiring staff, training team members, setting deadlines and overseeing projects.

The modern-day workplace expects employees to be always “on” — for instance, responding quickly to emails and calls, even outside of work hours.