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Here’s to 70 years of impact and to shaping what’s next!

Organizations are Taking More Action on Pay Equity WorldatWork Survey finds 70% of organizations are taking action on pay equity.

According to the New York Times , thousands of employees across 70 companies in Britain started a four-day workweek on June 6 in a pilot program organized by the nonprofit groups 4 Day Week Global and 4 Day Week UK Campaign, and Autonomy, an organization that studies the impact of labor on well-being Over a six-month trial, researchers at Cambridge University, Oxford University and Boston College will assess its effect on productivity and quality of life and will announce results in 2023, the organizers said in a statement.

2024 Salary Increase Budgets Moderate; 2025 Projections Indicate Further Contraction WorldatWork Survey finds 70% of organizations are taking action on pay equity July 31, 2024 Scottsdale, Arizona, July 31, 2024  — A year ago, participants in WorldatWork’s 2023-2024 Salary Budget Survey predicted a decline in salary increase budgets for 2024 across most of the world.

Smucker’s headquarters is now about 70% to 80% full, which is above the national average.

UPS to Cut 20,000 Jobs, 70+ Facilities UPS is looking to cut about 20,000 jobs this year and close more than 70 facilities by the end of June as it drastically reduces the amount of Amazon shipments it handles, according to the Associated Press .

Try the 70-30 rule, in which you spend about 70% of the time on what’s going well and 30% on areas for improvement or growth.

When asked what truly matters for retention, workforce respondents said: ;Pay (70%) and work/workplace flexibility (60%) are the primary factors.; ;Meaningful work (36%) emerges as the critical differentiator once pay and flexibility foundations are established.; Workers stated they are looking for organizations where: ;They feel “seen”;; ;They have a true purpose;; ;Their work makes a difference; and,; ;They have room to grow with the organization.; According to the report, the rewards components with the highest [workforce] satisfaction scores — compensation and benefits — are the weakest predictors of retention, whereas the rewards with the lowest satisfaction — career development and recognition — are the strongest.

WorldatWork’s Pay Equity Study found that 70% of organizations are taking action on pay equity, which is up 10% from 2019 and 4% from 2021.