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This month, WorldatWork’s “ Salary Budget Follow-up Pulse Poll ” collected more than 250 responses from compensation professionals representing organizations of different sizes and across multiple industries, indicating an average 2022 merit increase of 3.7% and 3.5% median, significantly above predictions just six months ago.

Across industries, businesses struggling to bring on regular, long-term employees often turn to freelancers to help fill talent gaps or meet an increased workload, said Kathy Gardner, vice president of communications at FlexJobs.

With one of the lowest retirement ages in the industrialized world, CNN reported that France spends more on pensions than most other countries at nearly 14% of economic output, noted data from the Organization for Economic Cooperation.

Other industries are also taking action.

Of course, idioms, industry-specific terms and legal jargon are some areas AI will struggle with, as is tone when crossing cultures.

.; ;Seek out non-HR business knowledge, and network across industries.; ;Establish and monitor key performance indicators (KPIs) for rewards programs — and adapt as needed to meet goals.; ;Align incentive programs with your business’ performance objectives.; ;Design rewards programs to drive employee productivity .; Turba said such thinking is encapsulated within WorldatWork’s Total Rewards Optimization Methodology (see figure below).

Another indicator of change is the potential reintroduction of EEO-1 Component 2 given the Biden administration’s Equity Action Plan outlined in Executive Order 13985–Advancing Racial Equity and Support Underserved Communities through the Federal Government.

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As shown in Table 1, the sample of 261 employees was 60% male and 40% female, with one respondent indicating they were non-binary/third gender and one who responded, “prefer not to say.”