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Nike to Cut About 2% of Workforce Nike will cut about 2% of its total workforce, or more than 1,600 jobs, according to the Wall Street Journal .

Cover Story Workspan Magazine Rewards Roundtable - A Global Perspective Members of WorldatWork’s Global Advisory Council discuss the key issues facing total rewards leaders to keep a finger on the pulse on the profession.

Businesses have continued to provide offerings based on historical practice, rather than viewing this as an opportunity to lead what talent looks like for their organization, and ensuring that their employee value proposition includes a holistic total rewards philosophy that's available to all.

This synergized strategy constitutes a Total Rewards Empowerment approach of fostering a deeper employee understanding of organizations’ total rewards, contributing to better employee decisions and enhanced total rewards ROIs.

A total of 203 responses were received, representing organizations of different sizes and across multiple industries.

“Failure to include short- and long-term incentives in pay equity analysis creates risk for an organization,” said Gail Greenfield, executive vice president of pay equity and total rewards strategy and solutions at Trusaic.

Workspan Daily Plus article;EU Pay Transparency Rule Promises Big Impact on Reward Policies , Workspan Magazine article;Organizations Slow to Enact Pay Transparency , Journal of Total Rewards article;2024-2025 Salary Budget Survey , research; For Everyone Else A Transparent Look at EU Pay Law: What’s Required to Comply?

Access a related Workspan Daily article on this subject: Busting Ghost Networks: What You Can Do on the Front End ; While total rewards professionals strive to provide comprehensive health insurance plans for their employees, including a robust listing of in-network providers to ensure access to quality care, ghost networks can lead to restricted or delayed care, higher out-of-pocket costs and reduced well-being.

For WorldatWork Members ;Bonus Programs and Practices , research; ;2024-2025 Salary Budget Survey , research; ;Action Versus Motion , Workspan Magazine article; ;Rewarding Great Ideas: Using Pay to Encourage Innovation , Journal of Total Rewards article; ;Incentives and Recognition: An Evidence Review , Journal of Total Rewards article; For Everyone Else ;New Report Outlines How U.S.

For WorldatWork Members ;Employing Age-Friendly Work Practices for Multigenerational Workforces , Journal of Total Rewards article; ;Measuring Up Mentorship Programs , Workspan Magazine article; ;Generational ERGs: Engaging Older Employees , Workspan Magazine article; ;The Power of Job Rotation, Shadowing and Stretch Goals , Workspan Daily Plus+ article; For Everyone ;Invest in Career Development to Retain Young Talent , Workspan Daily article; ;Internal Investment: The Rewards of a Job Rotation Program , Workspan Daily article; ;With a Multigenerational Workforce, Personalized Rewards Are Key , Workspan Daily article; ;Total Rewards ’25 , conference; With multiple generations working side by side, both literally and figuratively, addressing skill, experience, knowledge and communication gaps in the workplace has become crucial for employers who want to retain and elevate talent as well as create a more inclusive culture.