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Microsoft announced the layoffs on the same day that Amazon resumed a monthslong wave of cuts that will ultimately slash a total of 18,000 workers.

In June, both the number of hires and total separations were little changed at 5.3 million and 5.1 million, respectively.

To get the most out of the course, you will need to have working knowledge of the WorldatWork Total Rewards model, the Total Rewards regulatory landscape and base pay systems.

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According to the Alexander Group’s Sales Compensation Hot Topics Survey Report , 61% of surveyed organizations planned to increase headcount this year — the highest rate since 2019 — and raise total compensation cost by 5.3%.

Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Employee Benefits; ;Finance and Budgeting; ;Well-Being; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

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