Cultivating a strong “talentexperience” (which is essential to attracting and retainingworkers) is a combination of culture, total value proposition andinclusion and diversity. (Photo: Shutterstock)

Remember when employees worked a standard 9-to-5 job, clockingout and checking out at the end of the day, fulfilling a prescribedset of functions to which their success and performance was tied?Perhaps there was also a clear path of promotion and expectedincremental salary increases.

That's not how the modern workforce works. Today's workenvironment isn't a one-for-one exchange of production output forpay; it's about creating a labor force with the skills and fluidityto meet the business goals of the company. It's a much morecomplicated strategy, and the pay and benefits decisions to supportthat workforce have also gotten more complicated.

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Emily Payne

Emily Payne is director, content analytics for ALM's Business & Finance Markets and former managing editor for BenefitsPRO. A Wisconsin native, she has spent the past decade writing and editing for various athletic and fitness publications. She holds an English degree and Business certificate from the University of Wisconsin.