Searching Compensation on page 81

For WorldatWork Members The Role of Employee Ownership in Total Rewards Strategy , Journal of Total Rewards article;Putting the Plan in Place: Introducing an ESPP at Aramark , Workspan Magazine article;Pivot on Pay: Getting Creative to Attract and Incentivize Talent , Workspan Magazine article;Compensation Structure Policies and Practices , research; Equity compensation refers to non-cash pay offered to employees through company stock grants or options.

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; ;Organizational Performance;

Think Beyond Compensation For mature rewards organizations, agility doesn’t stop at compensation.

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 Compensation ;Finance and Budgeting ; 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 Compensation ;Employee Experience ;Finance and Budgeting ;

Responses need to be: ;Consistent;; ;Understandable to non-experts;; ;Efficient to produce; and,; ;Legally and analytically defensible.; A standardized template helps ensure: ;Employees receive clear, comparable information; and,; ;The organization isn’t reinventing the wheel with every request.; Where Compensation Technology Can Actually Help This is one of those moments where compensation technology can move from “nice to have” to strategically necessary.

According to Sue Holloway, a compensation content director at WorldatWork, TR professionals can help workers by: ;Ensuring regular compensation amounts and cycles are not disrupted;; ;Maximizing methods of financial delivery to address expediency, accessibility and security;; ;Providing access to supplemental financial resources; and,; ;Identifying external assistance programs.; “It’s important to make sure employees receive their pay checks/deposits, plus address situations that can impact if and how workers are paid if they cannot work or get to work, and if the business or worksite is closed,” Holloway said.

“The COVID-19 pandemic has made it clear to many companies that employees can and will work remotely worldwide,” said Steltenpohl, who is also the former head of global compensation at Heineken N.V.

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

"With the financial markets and overall economy struggling to find footing throughout the year, most business segments remain under pressure to keep compensation costs down.”