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WorldatWork’s “ Total Rewards Inventory Programs and Practices ” survey found 56% of employers offered paid sick leave in 2021, while 42% offered paid medical or caregiver leave and 66% offered paid parental leave.

“To prepare for those talks, employers need to be ready to share how factors like budget and performance can impact an employee’s pay, as well as how their benefits and other perks contribute to their total compensation.

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A total of 1,064 responses were received, representing organizations of different sizes and across multiple industries.

A total of 656 responses were received, representing organizations of different sizes and across multiple industries.

“We also know that organizations are taking a broad approach to funding their increase in total compensation spend,” Jennings said, noting that 43% of survey respondents indicated they will fund through total rewards optimization, pointing to an approach that considers other factors beyond pay, such as well-being and benefits.

Organizations can use the group they’ve already selected in the 10-K disclosure, a peer group that is used for total benchmarking, or a peer group from a relative total shareholder return plan.

WorldatWork Deepens Engagement in Africa with New Nigerian Partner January 19, 2022 Scottsdale, Arizona — WorldatWork, the leading global nonprofit organization for Total Rewards professionals, is expanding its presence in Africa with a new strategic partnership in Nigeria.

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