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The stakes for getting Total Rewards wrong are staggering.; Organizations That Get Total Rewards Right Outperform the Market 1.5 x more likely to retain high performers 1.6 x more likely to secure 
talent for current needs 3.1 x more likely to optimize ROI for rewards investments Source - Deloitte 2024 Total Rewards Impact Study Be Recognized as a Leader WorldatWork Certifications Set You Apart Recognized worldwide as a mark of expertise and excellence, WorldatWork credentials establish you as a leader in your field.

The Role Total Rewards Professionals Play Total rewards professionals can play the biggest role in plan design, territories and quotas .

Benefits Cost to Total Compensation Ratio = (Total Benefits Costs / Total Compensation Costs) * 100 Percentage of Vacation Days Used Measures the percentage of allocated vacation days that employees utilize during a specific period. % Vacation Days Used = (Total Vacation Days Used / Total Vacation Days Allocated) * 100 Be the First to Know Get the latest news on trends and compliance regarding Total Rewards, compensation and benefits delivered straight to your inbox from WorldatWork's experienced publications team.

;Total Rewards and Compensation Professionals aspiring to expand their strategic scope and understanding.; Learn from the Leaders WorldatWork brings together some of the brightest and most accomplished professionals in compensation, benefits and Total Rewards.

The stakes for getting Total Rewards wrong are staggering.; Organizations That Get Total Rewards Right Outperform the Market 1.5 x more likely to retain high performers 1.6 x more likely to secure 
talent for current needs 3.1 x more likely to optimize ROI for rewards investments Source - Deloitte 2024 Total Rewards Impact Study Be Recognized as a Leader WorldatWork Certifications Set You Apart Recognized worldwide as a mark of expertise and excellence, WorldatWork credentials establish you as a leader in your field.

Calculate ROI The overall ROI is calculated by subtracting the costs from the returns and expressing it as a percentage: (Total Financial Returns – Total Investment) / Total Investment x 100 For example, the ROI for four apprenticeships over one year would look like: Total Investment = $200,000 Total Financial Returns = $300,000 ROI = (300,000 - 200,000) / 200,000 x 100 = 50% An ROI of 50% means that for every $100 invested in the apprenticeship program, the organization receives $150 in return (i.e., $50 profit for every $100 spent).

This is the ratio of the cash compensation that you pay the salesforce to total revenue.

For WorldatWork Members The Trust Equation: Building Trust Through Total Rewards , Workspan Daily Plus+ article;Take These Three Steps to Mitigate Employee Distrust , Workspan Daily Plus+ article;How to Incorporate Skills into Rewards and Recognition , Workspan Daily Plus+ article;Conquering Change Fatigue , Workspan Magazine article;The Role of Total Rewards in Managing Change Fatigue , Workspan Magazine article; For Everyone Employee Trust Is a Problem (that TR Pros Can Help Address) , Workspan Daily article;Connect Talent to Work by Enhancing Your Skills Management Practices , Workspan Daily article;Organizations Are on the Skills Bandwagon; How TR Can Drive It , Workspan Daily article;The Rise of Skills-Based Rewards, and What You Must Do About It , Workspan Daily article; Widespread organizational challenges are hurting productivity in the workplace, according to a report by Dayforce, a global human capital management company.