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Sherman believes “employers have been thinking a lot about these issues, because they are continuing to be in competition for valued employees, continuing to recruit new ones, and those potential recruits are asking specifically about these new types of benefits.”

“Now organizations are working hard to think about how they can offer flexibility in different forms to all types of employees,” she said.

“The benefits of ERGs have long been proven to support employees in specific demographic, psychographic, role-type, career-stage or life-stage groups where they can feel psychologically safe, speak up and feel heard, and where employers can meet them where they are,” DeVylder said.

You could say, “Hey, we’ve actually looked at the data, and we’re in the top 30% of all companies in this market for this type of job.

They realize how important this benefit is because it’s so detrimental to employees going through this type of loss.”

Further, the SEC is considering requiring a tabular disclosure listing the five most important performance measures that drove “compensation actually paid” as being useful to investors “related to the consideration of the registrant’s corporate performance and individual performance in the design of NEO compensation required in the CD&A.”

“The mix of new requirements and a variety of optional design provisions calls for careful review and analysis,” Smrecek said.

For WorldatWork Members Helping Employees Secure Their Retirement Future , Journal of Total Rewards article;FAQs to Help You Navigate Employee Retirement Discussions , Workspan Daily Plus+ article;Checklist: Questions and Resources to Prep Employees for Retirement , Workspan Daily Plus+ article;How TR Pros Can Help Workers Financially Prepare for Retirement , Workspan Daily Plus+ article; For Everyone The Critical Role of Retirement Income Projections in DC Plans , Workspan Daily article;Retirement Industry Trends to Watch for in 2025 , Workspan Daily article;Retirement Plans: Design Considerations & Administration , course; Defined contribution (DC) plans have become the dominant retirement savings vehicle for American workers, amassing more than $7 trillion in assets and covering more than 70 million participants.

For WorldatWork Members Why It’s Time for a Compensation Philosophy Refresh , Workspan Magazine article;Compensation Structure Policies and Practices , research;Salary Budget Planning Guide , tool;Salary Budget Planning: Using Market Data to Formulate a Recommendation Report , tool; For Everyone How to Measure the Success of Your Annual Compensation Cycle , Workspan Daily article;Navigating the Architecture and Benchmarking Challenges of Hybrid Jobs , Workspan Daily article;Architect the Comp Team by Considering Size, Structure, Roles , Workspan Daily article;Traditional Job Architecture Career Streams Collide with Modern Work , Workspan Daily article; A well-designed compensation structure is one of the most critical tools in any organization’s talent strategy.

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