People and Strategy

Benefits Under Pressure: How HR Leaders Are Rethinking Total Rewards in 2026

July 24, 2026·39 min
Episode Description from the Publisher

In this episode of People + Strategy, we sit down with Kathryn Mayer, content specialist at SHRM, to discuss how employee benefits are evolving in 2026. Drawing on her extensive experience reporting on total rewards, Mayer explores how rising healthcare costs, economic uncertainty, and shifting workforce priorities are prompting organizations to rethink their benefits strategies.  She discusses the shift from a talent-attraction mindset to a cost-management mindset, how employers are balancing employee needs with financial realities, and the strategies organizations are using to manage rising healthcare expenses while maintaining trust and engagement. Mayer also explores emerging trends, including the role of AI in benefits administration, the future of financial wellness, and why some benefits remain resilient despite mounting budget pressures.   Subscribe to People + Strategy podcast to get the latest episodes, expert insights, and additional resources delivered straight to your inbox: https://shrm.co/nq47pr   ---  Explore SHRM’s all-new flagships. Content curated by experts. Created for you weekly. Each content journey features engaging podcasts, video, articles, and groundbreaking newsletters tailored to meet your unique needs in your organization and career. Learn More: https://shrm.co/coy63r 

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