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Promotion Parity Pitfalls When it comes to ensuring employees are promoted and paid equitably, it’s no longer good enough if it is only treated as a one-time action, said Lori Wisper, WTW’s managing director of work and rewards.

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But supply has not changed, which is why the labor market still has vulnerabilities,” said Lori Wisper, WTW’s global solutions leader for work and rewards.

As a result, when it comes to setting compensation for new hires in comparison to their colleagues, it may be advantageous to mind the midpoint of salary ranges, said Lori Wisper, managing director at WTW.

And whenever “pain points” develop around areas such as pay, benefits, or work environment, there’s always the risk of union activity, said Lori Wisper, managing director at WTW.

“The cost of labor is the supply and demand in a given market — usually it’s geographic but at the senior level generally more industry-specific,” said Lori Wisper, who along with fellow WTW managing director John Bremen, is writing inflation-related compensation articles .

There are a lot of different dynamics happening in the economy that are effecting the labor market,” said Lori Wisper, managing director, work and rewards, at WTW.

“We tend to look at well-being as physical, financial, social and emotional,” said Lori Wisper, a managing director of work and rewards at WTW.