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According to Kenneth Kuk, WTW’s senior director of work and rewards, people-related metrics have steadily increased from around 50% to 60% when the firm started measuring its use in 2018.

And shortly before the release of the executive order, the Securities and Exchange Commission (SEC) indicated it would no longer cap private-fund investments at 15% in retail closed-end funds, indicating the types of policy and oversight shifts that may continue to emerge.

Felix has been with you for 60 days, and while he’s been functionally integrated into the project, he has had little real interaction with the other team members.

These findings support other recent research: Aon’s 2024 North American Pay Transparency Readiness Survey found that 63% of organizations do not communicate salary ranges to employees, while Pearl Meyer’s latest pay transparency quick poll found that 60% of employers have concerns with managers’ preparedness to handle questions about pay.

Learn about Certification Growing Demand for Compensation Professionals & WorldatWork Certifications 60% increase in organizations seeking compensation roles* 3x up to 3x higher pay boost with CCP vs. other HR certifications** 90% Of hiring managers for comp roles prefer candidates with WorldatWork certifications* See the Impact Sources: *HR Certifications: How They Impact Pay and Career, Payscale ** 2023 WorldatWork Customer Impact Study WorldatWork: The Leader in Total Rewards & Compensation HR Professionals from Over 93% of Fortune 500s Rely on WorldatWork Grounded in evidence-based research and real-world application, WorldatWork is the standard for Total Rewards and compensation.

As a result, many practitioners working in this area are feeling stretched: A recent study by compensation strategy firm Novo Insights found that nearly 60% believe the compensation function at their company is understaffed.

This survey examines the type of incentives organizations are using, which metrics they rely on for rewarding employees, how effective they are finding their rewards to be, and more.

.; ;60% saw greater employee retention.; Results like those ring true to Jesse Hubbard, CCP, compensation manager at the University of Wisconsin Credit Union (UWCU), a Madison, Wis.

There are two types of pay ranges: base pay and TTC ranges.

.; ;60% of employers and 52% of polled employees believe existing benefits are only somewhat or not at all aligned with current needs, highlighting a clear gap between investment and potential impact.; ;Utilization and understanding of benefits remain a challenge , with employees citing difficulty understanding benefits (27%), accessing information (23%) and navigating complexity (23%), highlighting why benefits often fail at the moment of need.; ;46% of employees expect formal employer support during major disruptions.