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WTW reported that average annual payroll expenses increased 3.6% in 2025, and 7 in 10 surveyed U.S. organizations reported total annual payroll expenses are higher than 2024.

The memo outlined the new distribution and pay multipliers for base bonuses: ;Outstanding (around 20% of employees): 200% individual multiplier, for “outsized impact” above corporate expectations; ;Excellent (around 70%): 115% individual multiplier, described as the “high-performance culture baseline”; ;Needs improvement (around 7%): 50% individual multiplier, for employees with performance gaps who are expected to improve; ;Not meeting expectations (around 3%): 0% individual multiplier, for those who “do not meet” corporate standards; Additionally, Meta said it is introducing a new Meta Award, a 300% individual multiplier for a small number of top performers who deliver “truly exceptional impact.”

Key Takeaways ;Poll: Workers Truly Prefer Human Support in Benefits Guidance;ADP: Private Sector Job Creation Slow, Pay Up 4.5% YOY; ;Most Organizations Unprepared for EU Pay Transparency Directive; ;Federal Judge Issues Final Ruling in 401(k) ESG Lawsuit; ;Report Reveals What Drives America’s Healthiest Workplaces; Poll: Workers Truly Prefer Human Support in Benefits Guidance With open enrollment season underway, a report released Tuesday, Oct. 7, by New York Life Group Benefit Solutions showed American workers value human-centric, technology-enabled benefits guidance to meet their needs and close the benefits knowledge gap.

In March, average hourly earnings of private-sector production and nonsupervisory employees edged up by 5 cents, or 0.2% to $32.07.

The bank will begin tracking individual staffers’ office attendance on a monthly basis as early as Aug. 7.

What Research Reveals About Internships 4 of 5 employers agree that internship programs deliver the best return on investment as a recruiting strategy.;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.

My new book, “ The Power of Beliefs ” [available May 5], documents exactly why — and why this effect is accelerating in the modern workplace.

Key Takeaways 7 Senators Pen Letter Decrying Alternative Assets in 401(k) Plans;Ninth Circuit Rejects Constitutionality Claims Against NLRB; 7 Senators Pen Letter Decrying Alternative Assets in 401(k) Plans Seven U.S. senators on Wednesday, Oct. 29, sent a public letter to Secretary of Labor Lori Chavez-DeRemer and Securities and Exchange Commission (SEC) Chairman Paul Atkins that expressed concerns about President Donald Trump’s Aug. 7 executive order that aims to enable greater access to alternative assets (i.e., private equity, cryptocurrencies and real estate) within Americans’ retirements plans.

After all, Whole-Person Workplaces are built on mutual respect and understanding. 5.

Compensation Practices Started Returning to Normal in 2021 WorldatWork Survey Shows Market-Based Adjustments and Bonuses Were Prominent Last Year February 7, 2022 Scottsdale, Arizona — WorldatWork’s “ 2021 Total Rewards Inventory Programs & Practices ” survey reveals compensation practices are starting to return to normal at most organizations.