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Workspan Daily
02/22/2024
While the impending rules pertain only to federal employees and contractors, salary history bans and pay transparency legislation are both on the rise, with more jurisdictions likely to follow.;
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An executive order prohibiting the use of salary history data in hiring by federal agencies and federal contractors has been announced by the Biden administration.
Workspan Podcast
06/27/2023
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In This Episode Need to see the city and state laws relating to pay equity, salary history and pay transparency?
Workspan Daily
08/31/2022
As a result, WorldatWork’s “ 2022-23 Salary Budget Survey ” revealed that salary increase budgets reached their highest level in 20 years in the United States, rising to an average of 4.1% in 2022 with a 3.8% median.
Workspan Daily
03/22/2024
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As reported by CNBC , Target is doubling its bonus payments to salaried employees as its profits recover.
Workspan Daily
05/07/2024
Salary Budget Survey 2024-2025: Participation Closes May 15 Mercer’s latest survey findings fell below WorldatWork’s 2023-24 Salary Budget Survey of 2,146 participating U.S. organizations, which in July 2023 projected 4.1% pay increase budgets in 2024.
Workspan Daily
10/04/2023
Lauren Mason, senior principal, career, at Mercer, said the projected decrease in salary budgets from 2023, which saw salary increase budgets average 4.4% , is likely a combination of economic uncertainty and labor market softening.
Workspan Daily
08/08/2023
Additional findings: Base pay remains closely linked to salary structures. 80% of respondents indicated that their salary structures are built for base pay.
Workspan Daily
02/09/2023
In fact, most organizations planned to spend more on salary increases in 2022 than they did in 2021, according to WTW’s December Salary Budget Planning Report .
Workspan Daily
01/07/2022
WorldatWork’s “Salary Budget Quick Poll” confirms that organizations have evaluated the environment and are increasing their previously planned salary budgets to address the competitive labor market and inflation.
Workspan Daily
10/25/2023
Budget constraints and adjustments required to address pay disparities may require a multi-step salary plan to re-align salaries organization-wide.