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These leaders also understand that the labor market is not one-dimensional and recognize that they now compete for talent across a variety of geographies and industries.

Outside of these industries, more educators across the country are taking a stand against working conditions in the school systems.

Indeed, organizations within many industries use long-term incentives (i.e., restricted stock and stock options) as an important part of their compensation strategy, but the Trusaic report showed only 13% of surveyed organizations consider these incentives when doing pay equity analysis.

Industries more likely to employ women, such as hospitality and dining, were hard-hit during the pandemic, and women were more likely to step back from work to care for their children when schools and daycare facilities closed, said Consuela Pinto, a partner at the PintoBrown law firm whose focus areas include pay equity as well as diversity, equity and inclusion (DEI).

Options for Smaller Organizations Onsite childcare may make more sense for certain types of employers, Izbicki said, including: ;Those in industries (e.g., manufacturing, education, healthcare) where employees are generally unable to work remotely;; ;Organizations with a heavily female population or a significant proportion of younger workers; and; ;Large offices or headquarters with many onsite employees.; While 6% of organizations currently offer or are planning to offer onsite or near-site childcare, that number grows to 9% of employers with 500 or more employees, and between 13% and 18% of organizations with 5,000 or more workers or more, according to additional research by IFEBP and Mercer .

While internal equity is about fairness in how employees are compensated within the same organization, external equity/competitiveness is about comparing how much a company pays its employees with what other companies pay in the same industry or area.

.” — Gordon Frost, global rewards solution leader, Mercer From optimizing the nutrients in soil or analyzing the effects of climate conditions on sea levels to predicting patient health risks , artificial intelligence (AI) is proliferating in most industries.

“I believe the main challenge with reverse mentorship is getting people to be comfortable enough to take a chance on listening to somebody who might be new to the industry or just flat-out younger,” Young said.

will almost always vary by industry, individual business and who’s being asked.

Current status: Assignment pending to House Labor and Industry Committee.