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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; ;Employee Recognition; ;Well-Being; ;Workforce Engagement; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

In Figure 1, most organizations have not yet taken action, with 45% of global organizations (37% U.S.) adopting a wait-and-see approach and 29% actively reviewing their programs (33% U.S.) as the regulatory environment unfolds.

STRATEGIC HR ANALYTICS As shown in the conceptual framework of Figure 1, Traditional HR analytics is based on retrospective process of analysis with internal HR orientation, while strategic HR analytics is based on prospective insights with external HR orientation.

In addition, the economic impact of addressing, or not addressing, this healthcare gap is significant, Bower said — up to $1 trillion annually if it is addressed by 2040.

;The Monumental Mission of Meaningful Mentorships;Proactive TR Pros See ‘Train’ of Change Coming, Take Steps to Act;The Keys to Creativity and Driving Innovative Total Rewards;The Pros and Cons of Giving Managers Discretion on Merit Increases;Using Analytics, Innovative Framework to Transform HR/Total Rewards;How An Industry Leader Sees Technology Transforming Total Rewards;Biopharma Compensation Leader Has Put AI Under the Microscope; 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; ;Organizational Performance; ;Total Rewards; ;Workforce Engagement; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

“How do we fix the No. 1 thing that people are telling us they leave for?”

Figure 1 shows that 62% always or sometimes publish salary range information in their external job advertisements, while 38% say they have either not done so (though they may plan on doing so within a year), never do so, or don’t know.

Swati Bakshi, senior manager, compensation programs at Roblox, described how her organization had to work quickly to comply with California’s pay transparency law , which went into effect Jan. 1, 2023, just four months after it was passed in the state’s legislature.

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Figure 1 shows this relationship for the Consumer Staples sector.