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This is leading organizations to shy away from the complexity of pay and opt for the path of least resistance. “ Compensation is still seen by many companies as a back-office function that is disconnected to the business.

“Although remote work can diffuse some of the issues leading to employee burnout, it does not eliminate other challenges that can arise in any environment that remains inflexible or unrealistic with its workforce expectations,” Phillips said.

Annual employee engagement surveys are compared year-over-year and compared against top-performing financial institutions and leading companies overall.

Leaders can largely do this in two ways: by setting a tone that is resonant with that of the individuals they are leading; and by empowering individual decision making and agility — an organizational strength that is more fully explored in the current edition of Workspan .

For WorldatWork Members 2025 Priorities of Total Rewards Leaders , research;Total Rewards Inventory of Programs & Practices , research;Lead with Well-Being in HDHP and HSA Communications , Workspan Daily Plus+ article;Health Insurance Selection Checklist for Employees , Workspan Daily Plus+ article; For Everyone Benefit Checkup: What’s the Current Health and Utilization of HDHPs?

At the same time, maximizing value and ROI are increasingly top priorities for benefits leaders, as explained in an article in your current issue of Workspan Magazine, “ The Great Benefits Reset: Value, ROI Lead Strategic Influences Ahead .”

“Biosimilars expand medication access to therapies that are just as clinically efficacious and safe, and can reduce specialty drug spend for payers, depending on rebate arrangements,” said Chantell Sell, a director and national pharmacy practice clinical lead at consulting firm WTW.

Additionally, millennials lead all age groups in their use of artificial intelligence (AI), with 30% using the tools for benefits guidance.; ;Despite 80% of survey respondents saying it’s important to have a financial advisor when selecting and managing benefits, only 20% actually consult one during open enrollment.; ;40% of employees lack confidence in their understanding of voluntary benefits.

HR professionals’ role is to provide a support structure to help ensure people managers (including themselves) have the resources to sustain their own well-being while leading, coaching and caring for those on their team.

The report found covering monthly expenses is the leading unmet need, followed by job security, retirement readiness and work-life balance.