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At WorldatWork, we are committed to providing actionable data and industry insights, and this survey serves as a vital tool for organizations navigating the complex world of compensation structures."

;Across industries, median internal minimum wages vary, with the lowest rates being seen in retail (median of $13.80, which is notably the only industry below $15/hour), and the highest rate of $19.50 in energy.

Rossi: The answer varies significantly by industry, customer type — such as business-to-business versus business-to-consumer — and sales role, but some fairly common tactical sales compensation changes that may last in the long term include simplifying plans to two measures (three maximum), to enable agility with less to analyze/change, ensure better administration, and reduce goal-setting pressure and workload for sales operations as well as sales.

When employers share more information about why employees are paid their current compensation — including information such as an organization’s gender pay gap, as well as details around salary ranges and industry salary benchmarks — it can have the power to build employee trust and retain talent.; Pay transparency is becoming increasingly important for today’s employees and job candidates.

Given the uncertain economic environment, however, and — depending on the industry or specific company — 2023 salary budgeting , organizations are faced with a predicament when it comes to these end-of-year conversations and decisions with employees seeking raises.

Here’s a quick pro tip: Be clear about which talent market you’re benchmarking to — industry, geography and job scope all matter. 2.

INDIA Historic Labor Code Revision Ushers in Vast Change Employers are in the midst of evaluating the widespread impact of India’s recently announced labor law overhaul , which consolidates 29 separate labor laws into four comprehensive codes covering wages, industrial relations, social security and workplace safety.

RCE Across Industries While traditional economic profit has been criticized as applying only to “old world” companies with tangible assets, RCE is adjusted to capture intangible assets shown by such industries as software and pharmaceuticals.

By participating, you will help uncover: How organizations develop salary benchmarks;Key trends in salary structure adjustments due to market rates, data management strategies, and the impact of artificial intelligence on organizational practices;The performance measures and metrics used to drive results; What you’ll gain Participants receive access to an Executive Summary and Analysis report PDF and infographic, making it easy to: Benchmark your salary practices against peers;Compare across industries and organization types (public, private, nonprofit, government);Explore emerging trends in workplace salary structures;Earn a 30% discount for any WorldatWork course (must be redeemed by 12/31/26, code will be sent to participants after survey close); Survey closes Friday, July 10, 2026 Take the Survey Take the Survey Browse Survey Questions Browse Glossary Definitions Thank