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“We sometimes hear about employers providing a full array of benefits, and then when they dig into the utilization data, they can see a specific benefit they rolled out to address an issue they believe their workforce is struggling with is just not being utilized ,” Johnson said.

For example, instead of a portion of the cash bonus payout, employees can select: A reward choice that allows for the team to have three days off for community service with full pay.

Make clear that the tiered structure was put in place with the full cooperation and consent of the union through bargaining and that the tiered structure allowed the organization to stay in business without the need for layoffs or even bankruptcy, depending on the circumstances.

Encouraging remote employees to take a full sick day when needed can increase recovery time and reduce burnout.

The full report —covering base salary increases and merit budgets for 22 countries and in-depth salary budget insights for the U.S., Canada, India and the United Kingdom—is also available for purchase.

In addition, the full report — covering base salary increases and merit budgets for 22 countries and in-depth salary budget insights for the U.S., Canada, India and the United Kingdom — is available for purchase.

On a personal level, TR professionals who don’t maximize their soft skills may not achieve their full career potential.

The research, which included a survey of more than 1,000 full-time U.S. workers, also found that while 66% of respondents believe a career change would boost their personal happiness, only 13% said they could (or would) make the leap.

.;57.6% of interns, on average, are converted to full-time employees.;75.5% of interns who became employees are still with the organization after their first year on the job, compared with 51.5% of non-intern employees.;54.3% of women take paid internships versus 45.7% in unpaid roles.;75.9% of men have paid internships versus 24.1% in unpaid positions.;57.6% of students feel that internships don’t pay enough.;41.4% of organizations feel that their recruiting is effective in achieving a diverse cohort of interns.; Sources: Internship & Co-op Survey Report, NACE, 2023 and 2022; Research Brief, Center for Research on College-Workforce Transitions, University of Wisconsin-Madison, March 2023.

“There is a need to stay on top of this dynamic market with real, actionable market insights about pay programs and practices, which this survey is chock full of.”