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Beyer, who’s been with WorldatWork more than a quarter century — way back in the American Compensation Association days — recently earned a Ph.D. in Industrial and Organizational (I/O) Psychology from Roosevelt University.

;Variety of industry experience, both as a specialist and generalist with experiences representative of association membership.

He has led workshops, presented at industry events, and shared practical insights on using AI to streamline processes and improve communication.

It would be easy to assume there is not a single DEI chromosome in the corporate DNA of a macho, unionized heavy industry such as steelmaking.

Chinese Finance Industry Experiencing Significant Pay Cuts As the country experiences an economic downturn across industries, employees in the Chinese financial sector have taken compensation cuts of as much as 40% in 2023, Bloomberg News reports .

Financial activities added 14,000 positions, while construction rose by 9,000 and both the trade, transportation and utilities industry and leisure and hospitality industry contributed 4,000.

Other strategy factors included: ;Internal equity relative to other peers in the new jobs (cited by 87%); ;Individual performance and/or performance rating (62%); ;Number of grades/levels/bands in the promotion (35%); ;Size of other promotions across the organization (16%); ;Fixed promotion guideline (12%); Industry Variations Projected merit outlays deviate a bit when explored by industry sector.

“Wage theft is rife in industries that already pay too little to live on,” said Janice Fine, a director at the Workplace Justice Lab and one of the report’s co-authors.

Among those expanding beyond their field: ;44% said they’ve applied to a few roles outside their usual field.; ;20% said they’re actively trying to change industries or roles.; Among those considering roles outside their usual field, the top motivations include: ;Better pay (33%); ;Job stability (29%); ;Work-life balance (23%); ;Remote flexibility (20%); ;Fewer opportunities in their industry (17%); ;Burnout (16%); Overall, 73% of surveyed job seekers said they’d give up at least one major job benefit to secure a role, and nearly 32% said they would accept a pay cut to get hired: ;13% would accept up to a 10% reduction.; ;11% would accept up to 20%.; ;8% would accept up to 30%.; Beyond pay, many job seekers are willing to adjust other expectations: ;23% would give up full-time hours.; ;22% would consider leaving their preferred industry.; ;18% would give up title or seniority.; ;15% would give up remote work options.; Chronic Strain Impacting Workforce Resilience, Well-Being

;A large construction industry building components and tools supplier experienced high volatility in its GHG emissions due to the pandemic and now inflation.