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For WorldatWork Members Helping Employees Secure Their Retirement Future , Journal of Total Rewards article;FAQs to Help You Navigate Employee Retirement Discussions , Workspan Daily Plus+ article;Checklist: Questions and Resources to Prep Employees for Retirement , Workspan Daily Plus+ article;How TR Pros Can Help Workers Financially Prepare for Retirement , Workspan Daily Plus+ article; For Everyone The Critical Role of Retirement Income Projections in DC Plans , Workspan Daily article;Retirement Industry Trends to Watch for in 2025 , Workspan Daily article;Retirement Plans: Design Considerations & Administration , course; Defined contribution (DC) plans have become the dominant retirement savings vehicle for American workers, amassing more than $7 trillion in assets and covering more than 70 million participants.

Options may include stretch assignments , mentoring opportunities , project-based leadership opportunities, cross-functional assignments, and access to advisory councils or industry leadership roles.

The United States economy added 467,000 jobs in January, which was much higher than what economists had projected, according to the Labor Department’s jobs report on Friday.

They focus on what leaders actually need to do : ;Run a performance conversation that lands well;; ;Lead a cross-functional project without formal authority;; ;Coach someone through ambiguity; or,; ;Translate business priorities into clear team actions.; All link back to the three future-ready behaviors mentioned above (commercial confidence, people judgment and learning agility).

Elements of an Effective Program While structures, environment and work experience will vary across employers and industries, experts share these are some of the components of a first-rate internship program : ;Fair pay; ;Supportive supervision, teaching and mentorship; ;Career development opportunities, including networking and exposure to the field; ;Coordination and partnership with colleges and community organizations; ;Intentional efforts to create a sense of inclusion and belonging; ;The opportunity to meet with, and present work to, corporate leadership; ;Onboarding, clear job descriptions, specific tasks and learning outcomes, structured evaluation, and offboarding; ;Work that aligns with interns’ studies and academic schedule; ;Clear program metrics, tracking, documentation and reporting; ;Meaningful, relevant work and projects — not just administrative tasks or “busywork”; “These ideas are evergreen,” Dufrane said.

And project work is increasingly performed by outsiders.

The WorldatWork “ 2021-2022 Salary Budget Survey ,” which was released in August 2021, projected 3.3% average and 3.0% median for 2022 overall salary budget increases.

“In fields like accounting and finance or computer and IT, which have strong overall projected growth rates , hiring remote freelance workers may also provide the chance to reach a wider talent pool in a tight labor market or hire for non-traditional working arrangements, including short-term projects or part-time work,” she said.

Skill-building programs , rotational projects or “stretch assignments” all support growth by providing employees “clarity about the priority skills they should focus on developing,” Stevens said.

Key Takeaways Below projections but above 2022 actuals.