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For WorldatWork Members ;Bonus Programs and Practices , research; ;Total Rewards Inventory of Programs and Practices , research; ;Total Rewards Inventory Checklist , tool; ;Crafting the Employee Value Proposition , tool; NEW!

For WorldatWork Members ;Total Rewards Inventory of Programs & Practices , research;Unlocking the Value of HSAs: Trends, Truths and What's Next , webinar; ;Getting Benefits Enrollment Right: Big Trends Spark Fresh Strategies , Workspan Magazine article; ;Workplace Wellness: Best Practices Study , Journal of Total Rewards article; ;Wellness Woes: Why Aren’t Employees Using Your Benefits?

Among workers who are very satisfied with their benefits, overall job satisfaction is 74%, versus 24% job satisfaction among workers who are dissatisfied with their benefits.; 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;People Analytics;Total Rewards; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

Total Rewards Global Forum: Canada’24 Event Pricing Join WorldatWork and global thought leaders for this informative one-day event and networking forum designed specifically for the Canadian Total Rewards Community.

Broken out by employee type, organizations are projecting an average increase of: 4.1% for nonexempt hourly employees and nonexempt salaried employees.;4.1% for exempt salaried employees.;4% for officers and executives in 2024.; Promotional Increases WorldatWork’s survey reported that 55% of organizations budget for promotional pay increases while 45% do not.

But should the competitive posture be the same for all types of employees, irrespective of skill set or type of work?

The Journal of Total Rewards Third Quarter 2023 | Volume 32 | No. 3 When deciding the theme for this issue of the Journal of Total Rewards, it was clear that pay transparency has become a growing area of focus for our readers.

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; ;Employee Compensation; ;Employee Experience; ;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.

UPS to Cut 20,000 Jobs, 70+ Facilities UPS is looking to cut about 20,000 jobs this year and close more than 70 facilities by the end of June as it drastically reduces the amount of Amazon shipments it handles, according to the Associated Press .

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