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The participating exec comp thought leaders are: Doug Friske – Managing director, WTW, an HR and executive compensation consulting business;Shane Meredith, CECP – Vice president, Total Rewards & Coworker Experience, CDW, a provider of technology products and services;Michael Perloff – Managing Director, Global Head of Total Rewards, Apollo Global Management, an alternative asset management and retirement solutions company;Renee Rudoph, CECP – Vice President, Total Rewards, General Mills, a multinational manufacturer and marketer of consumer foods;Athar Siddiqee, CCP, GRP – Vice President, Total Rewards, Micron Technology Inc., producer of computer memory and computer data storage; Here are some of the highlights of that discussion: WORLDATWORK: There is an ongoing debate about discretionary and formulaic executive compensation plans.

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 Recognition ;Employee Rewards ; FREE Newsletter FREE E-newsletter Subscribe to Workspan Weekly for news on trends and compliance in Total Rewards, compensation and benefits.

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.

The relationship between intangible, tangible and total rewards is shown in the following equation: Total Rewards = Intangible Rewards + Tangible Rewards Figure 2 shows a hypothetical illustration of the optimal rewards mix in the rewards value chain.

For WorldatWork Members High Potential: The Power of Job Rotation, Shadowing and Stretch Goals , Workspan Daily Plus+ article;How to Leverage Skills Testing for Total Rewards Success , Workspan Daily Plus+ article;Career Curation: How Total Rewards Can Drive Skills Portfolio Building , Workspan Daily Plus+ article;From Jobs to Skills to Outcomes: Leading the Evolution in Total Rewards , Workspan Magazine article;Internal Mobility Keeps Employees from Moving On , Workspan Magazine article; For Everyone How Do You Elevate Workers Who Don’t Want to Climb the Ladder?

For this installment, Workspan editors spoke with Sheila Sever, a specialist leader of total rewards at Deloitte Consulting, about the critical importance of frontline workers throughout the past two-plus years of the coronavirus pandemic, what organizations are doing to attract and retain frontline talent, and the role that compensation and rewards play in helping companies hold on to these invaluable employees.

For WorldatWork Members ;Weather the Storm with this Business Disruption Policy Guide , Workspan Daily Plus+ article; ;Compensation Staff Size: Finding the Sweet Spot , Workspan Magazine article; For Everyone ;How Total Rewards Pros Can Respond When Disaster Strikes , Workspan Daily article; ;Who Gets Paid When Bad Weather Shuts Down Work?

Logically, benefits strategies, as an integral part of the total rewards strategies, emerged as a critical lever for effectively managing the new employer-employee relationship.

Digital Nomads on the Move One particular type of freelancer seems to be increasing in numbers.

Yet even with the emergency stage of the pandemic behind us, many organizations still demonstrate a divide in the level of care they give to different types of employees.