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This survey addresses these questions and offers data on compensation structure utilization and administration while exploring the impacts of market-disrupting forces which have arisen since our last look at compensation structures including hybrid and remote work, increases in competitive labor pricing, inflation and pay transparency regulation.

Last, more and more organizations are allowing employees to work from anywhere, including completely remotely.

Save Reuse Permission New WorldatWork research finds the increase in remote work resulting from the COVID-19 pandemic is driving close to half of organizations to modify or think about modifying their geographic pay policies.

Reid urges multinationals to take a number of actions to adapt, such as ensuring an agile and customized approach to handling compensation competitiveness, looking strategically at pay for performance (particularly the balance of company, team and individual performance) and focusing on other elements of total rewards, such as stretch assignments, lateral moves and working remotely on global projects.

Building a company-specific policy around in-office and remote work — taking employee needs and experience into account — may boost employee satisfaction and improve company profits long-term through greater talent retention.; NEW!

Instead, hire the best people wherever they are, for as long as you need them, on a remote basis.

Save Reuse Permission The Colorado Equal Pay for Equal Work Act , which went into effect at the beginning of the year, mandated publication of pay ranges for new openings for all job positions in the state, including remote positions.

Defining pay for remote employees remains a challenge for employers.

As such, it remains difficult to measure current employee impairment or intoxication, regardless of if the employee is working remotely or on site.

Hybrid work — a fixed schedule alternating between remote and on-site locations — was offered to some or all employees in 91% of organizations surveyed, while 82% of these organizations had employees in fully remote roles.