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According to the National Association of Corporate Directors’ 2023-2024 Director Compensation Report, median pay for directors rose 4% in 2023, up from the previous year’s increase of 2%.

WTW collected the CAP values disclosed by companies in Year 2 to compare S&P 1500 TSR to median CAP and summary compensation table (SCT) pay for CEOs (also reflected in Figure 2 as principal executive officers, or PEO).

WTW’s Salary Budget Planning Survey found employers are budgeting an average increase of 4% in 2024.

Save Reuse Permission U.S. and Canadian employers provided 4% median salary increases in 2024 (on par with their practices from 2023) and 3.9% average pay increases (down from 4.3% in 2023).

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Eligible employees can earn 401(k) matching contributions of up to 4% for making student loan payments.

This is according to the new Employment Situation Summary , released Friday, April 4, by the Department of Labor’s Bureau of Labor Statistics.

Starbucks Union Rejects Company’s 2% Annual Raise Guarantee As reported by Reuters , Starbucks union delegates have voted to reject the company’s latest contract proposal, which organizers said fell short by only guaranteeing annual raises of at least 2%.

IRS: Consider How SECURE 2.0 Act Changes Impact W-2 Reporting The Internal Revenue Service recently published a Fact Sheet reminding employers that changes under the SECURE 2.0 Act may affect the amounts they need to report on their Forms W-2.

In June, thousands of employees across 70 companies in Britain started the first day of a four-day workweek, as part of 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;Companies are hesitant.