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Nearly 60% of CFOs also plan to increase finance-function AI investments by 10% or more in 2026, while another 24% expect gains of 4% to 9%.

WTW’s 2023 Leave, Disability and Time-off Trend Survey found that 12% of surveyed organizations have an unlimited PTO policy (in name or function) in place (up from 9% two years ago), and 16% plan to offer the policy to exempt employees in the next two years.

This figure is on par with earlier reports from: ;Business Group on Health (9%); ;Mercer (9%); ;WTW (9.1%); Segal’s annual survey of trend projections represents more than 80% of the commercially insured and self-insured market.

Meta to Cut 10% of Employees in Metaverse Division Tech giant Meta recently announced it would cut around 10% of employees in its Reality Labs Business.

.; ;Increases in other industries (10% in real estate, 9% in entertainment and recreation, and 8% in retail) also reflect a strong 2024 for those sectors and business owners’ optimism.; ;Bonus amounts in some service industries were down, including personal services (down 10%) and tourism and accommodations (down 7%), potentially signaling a cooling of wage growth for service workers after several years of post-pandemic wage increases.; ;The transportation and warehousing industries also saw a 10% decrease in bonus amounts, following a downturn in freight rates, demand and revenues.; “Instead of spreading bonuses more evenly, companies may be concentrating them among fewer employees to control overall compensation costs, especially in uncertain economic conditions,” said Nich Tremper, a senior economist at Gusto.

Four out of 10 said they would leave their employers for better benefits at a new job, even without a change in salary, and 82% of those whose benefit packages meet their needs said they would remain with their employers.

Workspan Daily article;Gen X Retirement Is On the Horizon.

Calculate ROI The overall ROI is calculated by subtracting the costs from the returns and expressing it as a percentage: (Total Financial Returns – Total Investment) / Total Investment x 100 For example, the ROI for four apprenticeships over one year would look like: Total Investment = $200,000 Total Financial Returns = $300,000 ROI = (300,000 - 200,000) / 200,000 x 100 = 50% An ROI of 50% means that for every $100 invested in the apprenticeship program, the organization receives $150 in return (i.e., $50 profit for every $100 spent).

Viewed: Dec. 9, 2022. https://doi.org/10.1093/geront/gnaa031.

An employee in the tech industry choosing between an organization offering a 10% higher base salary, but with an employment contract that includes a non-compete provision, might gladly choose the competing organization’s job offer with lesser compensation and no non-compete provision.