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Last month’s figure is the highest January total since 2009, when 241,749 job cuts were announced.

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More than 85 companies reported revenue performance, turnover rates and change in compensation costs, including incentive and total compensation increases.

For WorldatWork Members ;How to Reduce Rater Bias in Performance Evaluations , Workspan Daily Plus+ article; ;4 Reasons Performance Ratings Aren’t Vital to the Compensation Cycle , Workspan Magazine article; ;Behavioral Performance Assessment: Turning the Painful into the Productive , Journal of Total Rewards article; ;Incentives and Recognition: An Evidence Review , Journal of Total Rewards article; ;Performance Review Builder , tool; For Everyone ;How to Mitigate Bias in the Performance Review Process, Workspan Daily article; ;Tips for Adjusting Compensation During Performance Reviews , Workspan Daily article; ;Improve Performance Management with Frequent Communication and Transparency , Workspan Daily article; ;Speak Candidly and Stick to Objectives During Performance Reviews , Workspan Daily article; Are performance review systems broken?

Traditional benchmarking cycles often keep pace with steady shifts but struggle when demand surges which leaves total rewards leaders making difficult choices about pay placement, equity, and retention.

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 Experience; ;Employee Recognition; ;Well-Being; ;Workforce Engagement; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

Book a Speaker Book a Speaker Topic Career Growth Employee Benefits Employee Compensation Employee Experience Employee Recognition Equitable & Diverse Workplaces Executive Compensation Finance and Budgeting Organizational Design Organizational Performance People Analytics Sales Compensation Total Rewards Well-Being Workforce Engagement

The total number of Americans voluntarily working part time is now more than five times the number of people who work part time but would prefer to work full-time, according to new data from the U.S.

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 Compensation; ;Organizational Performance; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.