Searching Workplace Equity on page 94

.; Reuse Permission In the modern workplace, compensation and performance management go hand in hand.

Prior research has studied various elements of executive compensation in isolation, such as equity ownership (e.g., Nyberg et al. 2010), option pay (e.g., DesJardine and Shi 2021), pay level (e.g., Chang, Dasgupta and Hilary 2010), the share of fixed to contingent pay (e.g., Kulich et al. 2011), and relative performance evaluation (e.g., Aggarwal and Samwick 1999), but a systemic compensation design perspective is largely missing.

.; READ: Workplace Wellness: Best Practices Study One organization that’s tackling some of these concerns is global professional services firm EY.

Such changes in organizations, often coming in clusters, have become frequent occurrences in workplaces — and an increasing source of stress for people leaders and employees alike.

A more diverse labor market and competition for talent makes it vital for employers to offer strong workplace benefits that cater to the needs of their Gen Z and millennial employees,” said Kevin Crain, head of retirement research and insights at Bank of America, in a statement.

“Properly documenting the prudent decision-making process in committee minutes will be key to any successful defense against a breach of an ERISA duties claim,” he said 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 ;Equitable and Diverse Workplaces ; FREE Newsletter Stay current on hot topics, research, upcoming events and more.

Course: Global Compensation Immersion Program Continuing education holds paramount importance for total rewards professionals, with an overwhelming 95% agreeing that it is essential or important to getting training and developing new skills throughout their work life to keep up with changes in the workplace.

Some of the world’s most ahead-of-the-curve workplace changes come from the fast-food industry.

For WorldatWork Members Considerations to Manage the Costs of GLP-1 Coverage , Workspan Daily Plus+ article;Navigating Living Wages in Total Rewards , Workspan Magazine article;Five Emerging Workplace Trends Affecting the Employee Experience , Journal of Total Rewards article; For Everyone As Interest in GLP-1 Drugs Spikes, Employers Weigh the Costs, Benefits , Workspan Daily article ;Employer Healthcare Costs Projected to Hit 10-Year High in 2025 , Workspan Daily article ;Employers Look to Balance Rising Health Costs, Benefit Upgrades in ’25 , Workspan Daily article ;As Health Costs Spike, Total Rewards and CFO Collaboration Is Crucial , Workspan Daily article ; Reuse Permission Healthcare costs in the coming year are expected to rise in varying degrees for employer-provided coverage plans, according to three reports recently published by WTW, Segal and Mercer .

For WorldatWork Members Ch-Ch-Ch-Ch-Changes: Navigating Group Health Election Modifications , Workspan Daily Plus+ article;Employers Ready to Shuffle Health, Well-being Partners for Better ROI, Employee Experience , Workspan Magazine article;Workplace Well-Being Trends , research; Reuse Permission Imagine needing an appointment with a physician, searching for an in-network provider under your group health plan and coming up empty.