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Workspan Daily article;Reimagining Total Rewards — A Personalized and Dynamic Experience , webinar; HR departments and their total rewards (TR) function traditionally have been responsible for the well-being of the organizational workforce, but this responsibility has become increasingly demanding in recent years.

Salary History: Effective Jan. 1, 2018, all employers are prohibited from seeking a candidate’s pay history .

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In February, Goldman Sachs outlined plans to seek about $1 billion in expense reductions.

Tailor Your Rewards While benefits such as work-life balance and flexibility are generally important to employees regardless of age, it may also behoove total rewards professionals to explore rewards offerings specifically tailored toward the needs of younger generations, Spencer said. “ Student debt support might disproportionately benefit millennials and Gen Z, but it could be a worthwhile investment for employers, given that 41% of survey respondents indicated that student loan debt has or will prevent them from pursuing their passions,” Spencer said.

For WorldatWork Members Total Rewards Inventory of Programs & Practices , research;How to Calculate the ROI on Your Wellness Program , Workspan Magazine article;Total Compensation Statement Builder , tool; High-deductible health plans (HDHPs) and health savings accounts (HSAs) are an employer’s friend because they can initiate lower premiums, greater cost-sharing with employees and lowered Federal Insurance Contributions Act (FICA) taxes on contributions.

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As seen in Table 1, the first component produces an eigenvalue of 12.716 accounting for 52.982% of the total variance.

Workspan Daily Plus+ article;Best Practices for Supporting the Parental Leave Transition , Journal of Total Rewards article; For Everyone How Employee Leave Policies Can Support Women’s Health , Workspan Daily article;Beyond Parental Leave: Ways to Support Moms Returning to Work , Workspan Daily article;Why Caregiver Stress Is a Total Rewards Issue (and Opportunity) , Workspan Daily article; Managing any leave request in the U.S. that is applicable to the Family and Medical Leave Act (FMLA) presents its share of challenges.

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