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It becomes clear when examining base salary, the fixed remuneration package (including benefits), and the total package (including variable payments) that the gap increases at both fixed and total package levels.

For WorldatWork Members ;What Are TR Pros’ Options for Paid Care Leave Design , Workspan Daily Plus+ article; ;Use This Template to Create Your Paid Family and Medical Leave Policy , Workspan Daily Plus+ article; ;Best Practices for Supporting the Parental Leave Transition , Journal of Total Rewards article; ;Family Time: Giving New Parents a Hand , Workspan Magazine article; For Everyone ;Paid Care Leave Rising in Importance for Workers, Workspan Daily article; ;Why Caregiver Stress Is a Total Rewards Issue (and Opportunity) , Workspan Daily article; ;Family Care: A Meaty Problem for ‘Sandwich Generation,’ Employers , Workspan Daily article; ;Who’s Caring for the Caregivers?

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; ;Total Rewards; ;Well-Being; #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 following sections highlight selected best practices in current management across the wide spectrum of total rewards and demonstrate how these practices can address the specific concerns around supporting a multigenerational workforce.

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Job Levels: The Good News Multiple job levels — offering increasing levels of target total compensation (TTC) for the same job — provide many 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 Experience;Total Rewards ;

Explore HSA Contributions — and Communicate with Employees Even when given access to HSA-eligible accounts — 78% of employees surveyed in WorldatWork’s 2022 Inventory of Total Rewards Programs and Practices offered HSA accounts among their benefits — some workers enroll in those plans but never open an HSA. “ Choices are good, but there’s choice fatigue,” said Alexander “Sander” Domaszewicz, a principal and healthcare consultant at Mercer.

.; ;Mercer (Dec. 10): 3.7% average total increase budgets for 2025; 3.7% actual average increases in 2024.; Factors Driving Higher and Lower Budget Forecasts If the WTW prediction for 2025 holds true, salary increases will remain at a fairly robust rate by historic standards (using the pre-pandemic norm of 3% as a measuring stick).

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?