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Nike to Cut About 2% of Workforce Nike will cut about 2% of its total workforce, or more than 1,600 jobs, according to the Wall Street Journal .

Executive pay has grown at a pace that tracks very closely with the pace at which company value, as measured by total shareholder return (TSR), has increased over the last decade.

Cover Story Workspan Magazine Rewards Roundtable - A Global Perspective Members of WorldatWork’s Global Advisory Council discuss the key issues facing total rewards leaders to keep a finger on the pulse on the profession.

“To prepare for those talks, employers need to be ready to share how factors like budget and performance can impact an employee’s pay, as well as how their benefits and other perks contribute to their total compensation.

For WorldatWork Members 2025-2026 Salary Budget Survey , research;How to Communicate Pay Frequency Changes , Workspan Magazine article;Comp Talk 101: Training Managers to Communicate Pay Decisions , Workspan Magazine article;Teaching Employees About Pay Helps Avoid Transparency Problems , Journal of Total Rewards article;Salary Data Center , tool; For Everyone 5 Ways Comp Pros Can Maximize Their Market Management Tool , Workspan Daily article;Benchmark Gaps: Staying Market-Driven When Comp Data Is Missing , Workspan Daily article;The Five Goals of a Strong Compensation Structure , Workspan Daily article;Perception Is Everything: The Path to Pay Confidence , Workspan Daily article;AI Can Reduce Bias in Pay Decisions — If It Doesn’t Embed Them , Workspan Daily article;Salary Budget Planning Playbook: Data, Strategy and Insights for the Year Ahead , webinar; Organizations and their total rewards professionals make compensation decisions on a daily basis

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 ; ;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.

However, the survey, which collected responses from 155 sales departments with a total employment of nearly 150,000 sellers, found one pronounced employment trend worthy of attention: open positions.

Kevin O’Connell, director of total rewards and HR operations for Samsung Semiconductor, shared that the company doubled their normal salary adjustment budget for 2022, in addition to establishing a competitive merit increase budget.