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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: Organizational Performance ;Employee Experience ; Be the First to Know Get the latest news on trends and compliance regarding Total Rewards, compensation and benefits delivered straight to your inbox from WorldatWork's experienced publications team.

A total of 66% Gen Z respondents in a 2023 Intuit study said they're not sure they'll ever have enough money to be able to retire, and 73% said the current economy makes them hesitant to set up long-term goals.

Despite the rollback, McDonald’s reported 30% of its U.S. leaders are members of underrepresented groups, up from 29% in 2021; it achieved gender pay equity at all levels of the company; and it met its goal of having 25% of total supplier spending go to diverse-owned businesses.

Journal of Total Rewards article;Designing Executive Compensation Peer Groups for Maximum Impact , Workspan Magazine article;Proxy Tables Checklist , tool; For Everyone ESG and DEI Remain Fundamental — Even if Compensation Ties are Cut , Workspan Daily article;Study: Globally, ESG Is Increasingly Tied to Executive Compensation , Workspan Daily article;‘Say on Pay’ Data Points to Strong Support for Exec Comp Plans , Workspan Daily article; The U.S.

This was among the main findings in WorldatWork’s “ 2021 Total Rewards Inventory Programs & Practices ” survey, which found that market-based adjustments (not COLA) are rising to pre-pandemic levels and, similarly, hazard/call-in pay are beginning to level back down.

“It is difficult to do any of these well with a total available pool of 3% or 4%.

Belgium was the first European country to make a four-day-week optional in 2022, though the total weekly hours had to remain the same as in a five-day week.

This situation is important to total rewards professionals because several of the government agencies in question enforce laws that protect American workers and those workers’ wages and benefits.

;Total rewards : The onset of the pandemic was sudden, which means that organizations were forced to quickly move into a remote work set-up for their employees.

Spanish Court Rules Single Parents Should Get Same Paid Leave as Couples A regional court in Spain recently ruled single parents can request the same total amount of paid parental leave as couples.