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Total Rewards

Using compensation and benefits strategically to retain talent, control costs, and drive organizational performance.

FEATURED RESEARCH:
2025 SHRM Employee Benefits Survey Report

A comprehensive annual survey of HR professionals capturing the prevalence of benefits across a wide range of offerings.

Learn More
  • Our Viewpoint
  • Latest News
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  • All News & Insights
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The Importance of Benefits

Compensation and benefits are among the largest expenses for any organization — but when managed strategically, they deliver outsized returns in retention and engagement. HR leaders who design effective rewards systems reduce turnover, attract top talent, and align workforce motivation with business objectives. Total rewards is more than pay — it’s a business lever for maximizing workforce ROI.

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Looking to design pay and benefits that attract and retain talent?

Ask a SHRM Knowledge Advisor or insights on building competitive total rewards.

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Key Data & Trends

45%


the median share of operating expenses attributed to salaries in 2025, up from 40.9% in 2022, making compensation and benefits a major organizational cost

61%


of HR pros say competitive compensation is very or extremely effective for retaining deskless workers

56%


of HR professionals report ongoing challenges in retaining deskless workers, emphasizing the importance of total rewards strategies for reducing turnover

Total Rewards Credential

SHRM Total Rewards Specialty Credential

Design competitive compensation and benefits programs that boost employee engagement with the SHRM Total Rewards Specialty Credential.

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Latest Total Rewards News & Insights

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Mental Health Leave Is on the Rise. What Employers Need to Know

As mental health–related leave continues to climb, learn how many employers are rethinking how they support employees before, during, and after an absence.

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News
Employers Brace for 6.7% Hike in Health Benefits Costs

A sharp increase in prescription drug spending, including GLP-1s, is fueling another significant jump in health costs next year, data finds. Explore what steps employers can take to respond.

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News
Workers Say Pay Isn’t Keeping Up with Cost of Living

Financial strain and wage discontent are growing, with nearly all employees saying their wages aren’t keeping up with costs. Find out what that means for employers.

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News
Total Rewards News Roundup: 2026 Retirement Limits Announced

Catch up on the latest benefits and compensation news, including the announced limits for retirement accounts in 2026 and new alarming data on paid time off.

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Feature
'Sea Change' Coming for Caregiving Support in the Workplace

A drastic change is needed in how employers approach caregiving, experts say. Evolving workplace policies, training managers, and reframing how organizations view caregivers can help.

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Feature
Why The Future of HR Lies in Financial Well-being Design

Support financial, mental, and physical well-being to build workforce stability. HR’s role is evolving to be a workforce sustainability architect.

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News
Total Rewards News Roundup: Employer Impact of Trump's GLP-1 Deal

Catch up on the latest benefits and compensation news, including Trump's GLP-1 deal, health cost increases, and an IRS update on reporting requirements.

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Feature
Job Stress, Economic Concerns Spurring Employees to Skip PTO

One in 4 employees hasn't taken a single day of paid time off in the past year, new data finds. Experts say that's a big problem employers need to solve.

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In Focus
IRS Announces 401(k) Contribution Limit for 2026

The 2026 retirement limits and thresholds have been unveiled by the IRS just hours after the federal government shutdown ended.

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Feature
What Trump's Deal on GLP-1 Costs Could Mean for Employers

The Trump administration said it has struck a deal with drugmakers to lower the costs of GLP-1 drugs. Learn how that could impact employer costs and coverage.

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Why eye exams are the new front line of preventive care

BUILD WINNING REWARDS STRATEGIES
Total Rewards Credential

Attract and retain top talent by designing competitive compensation and benefits programs that align with business goals and workforce needs.

EARN YOUR CREDENTIAL

Member Resources

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Express Requests
2026 Benefit Plan Reporting & Disclosure Calendars

Navigating the complexities of the Benefit Plan Reporting & Disclosure Calendars is a vital responsibility for HR professionals and employers alike. Generally, these resources provide the same information. The different formats are provided in hopes of meeting a wide variety of preferences.

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Express Requests
Seasonal Affective Disorder (SAD)

Each year, millions of people in the U.S. experience seasonal affective disorder (SAD), also called seasonal depression or the "winter blues."

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Express Requests
2025 Year-End Benefit Plan Checklists

The end of the calendar year brings more than employee performance reviews and holiday celebrations. Administering employee benefit plans can mean daunting year-end to-do lists. We've compiled resources to help and we will continue to monitor for additional checklists.

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Form
How Much Will GLP-1s Cost Your Health Plan? Use This Calculator

Plan your benefits strategy with confidence. This calculator provides a clear cost estimate for covering GLP-1 drugs for weight loss for your workforce.

Design Rewards That Deliver

SHRM membership provides insights on compensation, benefits, and pay transparency that attract talent and reduce turnover.

Become a SHRM Member and build a total rewards strategy that works.

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Total Rewards Newsletter

The weekly Total Rewards newsletter offers information on the latest trends and best practices from employers that are controlling cost and rewarding employees effectively.

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