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As a result, some elements are underestimated or ignored, such as pensions, benefits and share awards, which are a much higher proportion of senior employees’ total rewards.

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. ;; ;Example formula: (total PTO usage / total PTO available x 100); Analysis 🗹 Analyze usage trends by department, job level, tenure, etc., to identify patterns.;; 🗹 Identify employees with high and low levels of unused PTO and corresponding factors.;; 🗹 Identify managers with high and low levels of PTO request approvals and corresponding factors.;; 🗹 Review the frequency of the indicated reasons for leave and identify significant changes over time. ;; 🗹 Examine correlations between employee headcount and PTO usage over time. ;; 🗹 Analyze trends in overtime hours worked against PTO usage rates. ;; 🗹 Evaluate whether employees feel comfortable taking time off without fear of negative consequences. ;; 🗹 Assess employee awareness of PTO policies.;; 🗹 [Enter additional factors to consider specific to your findings].; Evaluation 🗹 Identify primary factors in the increase or decrease of PTO usage. ;; 🗹 Summarize findings and recommendations, if any, for improvements.;; 🗹

They support WorldatWork’s mission by providing to practitioners — via established course materials — training and education on effectively designing and implementing strategies and practices in total rewards, including compensation, benefits, well-being and other aspects of human capital management.

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Member Tools WorldatWork Member Tools are designed to help you tackle the most critical and common Total Rewards and compensation challenges.

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Importantly, the rewards at Vincit involve not only monetary but also nonmonetary aspects as part of the total rewards system (Heneman 2007).