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.; In each issue of Workspan Magazine, we grab some time with total rewards and HR leaders, industry authorities, consultants, and academics to get their insights on current workforce topics that are top-of-mind for them — and you.

The following cash-reward formats have been found to lead to improved well-being, stronger commitment and a greater intention to stay: ;Bonuses framed as recognition.; ;Spot bonuses with personal feedback.; ;Thank-you rewards.; ;Pay increases framed as reflecting growth in skills.; ;Profit sharing fostering shared purpose.; On the other hand, poor communications can lead to lower engagement and retention ( Thibault Landry et al. 2017).

I think they will frame it less about any pay decrease or pay cut.

As companies are setting their 2025 budgets — and creating their next five-year plans — now is the time for total rewards professionals and finance departments to put their heads together and craft sustainable strategies that take continued health cost increases into account, according to a new CFO survey by Mercer.

Top Total Rewards Priorities The latest study reveals a significant shift in focus for 2026: strategic alignment of Total Rewards programs with organizational goals has emerged as the most influential driver of reward effectiveness, moving up from the #2 spot in 2025.

Workspan Daily article;With a Multigenerational Workforce, Personalized Rewards Are Key , Workspan Daily article;Utilizing Data to Personalize Total Rewards , Workspan Daily article;Incorporate AI to Personalize Financial Well-Being Benefits , Workspan Daily article; In an increasingly competitive hiring environment, employers are learning that recruiting and retaining talent doesn't simply come down to the benefits they offer — it's also about how much employees are able to personalize their total rewards.

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For example, track “recruiter workload” or “open tickets per HR business partner” with an alert system for exceeding acceptable thresholds.; 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: ;Organizational Performance; ;Workforce Engagement; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

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The Journal of Total Rewards Third Quarter 2023 | Volume 32 | No. 3 When deciding the theme for this issue of the Journal of Total Rewards, it was clear that pay transparency has become a growing area of focus for our readers.