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Additionally, organizations are also paying attention to a key set of new and emerging financial interests as they design benefits strategy, the survey reported.

Use the Tools at Your Disposal — And Keep Evolving Employers should understand what they’re trying to accomplish with a modernized benefits communications plan, Mowrer said, so they should set guidelines for how to measure success — and continue tweaking their approach.

“Employers can set defined budgets, work with specialized partners and still provide meaningful access to care that was once out of reach for many,” Farnsworth said, adding that, as with any health benefit, thoughtful design and strong clinical standards are key to responsibly managing costs.

.; Why This Matters Beyond Legal Compliance For many Indian organizations — especially those with large, diverse or contingent workforces — the new labor codes offer a unique opportunity: ;To see TR not as a set of allowances but as a cohesive, equitable and transparent package that includes basic pay, social security, health, safety, contract clarity and portability.; ;To build trust and fairness by leveling the playing field for permanent, contract, gig and platform workers.

For roles or industries that require specific skill sets or hands-on experience, apprenticeships can be a game-changer.

For Most, It’s Full Speed Ahead Nearly two-thirds of employers (62%) that participated in the survey said they have made no change to their 2026 projected pay budgets, which were first set midway through 2025.

For WorldatWork Members ;How to Leverage Skills Testing for Total Rewards Success , Workspan Daily Plus+ article; ;Pro Tips on Utilizing Data to Spot and Close Skills Gaps , Workspan Daily Plus+ article; ;A Step-by-Step Guide to One Skills-Based Org Lever TR Can Pull , Workspan Daily Plus+ article; ;Navigating the Wild World of IT Skills Pay , Workspan Magazine article; For Everyone ;The Rise of Skills-Based Rewards, and What You Must Do About It , Workspan Daily article; ;Organizations Are on the Skills Bandwagon; How TR Can Drive It , Workspan Daily article; ;Talent Marketplaces: Creating Opportunities for Career Progression , Workspan Daily article; Tapping into an employee’s skill set can be valuable for organizations that want to build talent internally, but according to Mercer’s Global Skills Technology and Adoption Survey , only 43% of employers are connecting talent to work through their talent marketplace (the platform that matches

Our rewards management survey shows that there has been an increase in activity in response to COVID-19 and the economic crisis, with 42% of respondents exploring — or making plans to explore — how it has affected their employees financially, while the proportion of employers with a financial policy was set to have increased by March 2021.

With Millennials ​​​​(born 1981-2000) constituting the majority of the workforce and Gen Z (2001-2012) set to overtake Baby Boomers (1946-1964) in the workplace this year , organizations are also focused on developing and supporting emerging leaders, many of whom are women and caregivers (Terrazas and Zhao 2023).

“Once we have these two key sets of factors,” she said, “then we can start to systematically address whether there are systematic biases in our pay structure.”