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Challenges With Pay Equity Strategies Organizations without a pay equity strategy may have a lack of support from leadership; limited data, resources or budget to address identified pay gaps; or difficulty aligning pay equity efforts with merit pay or compliance regulations, said Gail Greenfield, executive vice president of pay equity and total rewards strategy and solutions at Trusaic, a pay equity and regulatory compliance software company.

For WorldatWork Members Engage Community , peer engagement and connection platform;2024-2025 Salary Budget Survey , research; For Everyone Breaking Down Some of President Trump’s Initial Orders and Actions , Workspan Daily article;Federal Judge Kills OT Final Rule and its Salary Threshold Increases , Workspan Daily article;The HR Horizon: Total Rewards Takeaways from the Recent U.S.

In 2021, the usage of hazard pay fell to 19%, and for 2022 it has dropped to pre-pandemic levels (at around 15%).

Overall, the transformation to a bonus plan took 15 years, and it’s still an ongoing process — one that drives results for this food and beverage giant.

.; Additional coverage includes: Changes in bonus budgeting, eligibility and payout structures;;Expanded tracking of performance bonuses; and,;Refined questions for clearer data collection.; Workspan Daily (WD) connected with Liz Supinski, WorldatWork’s director of research and insights, to discuss some of the findings from the new research and their impact on total rewards professionals.

Sam’s Club Increases Its Minimum Wage to $16 Per Hour Sam’s Club, the membership club arm of Walmart, will increase its minimum wage to $16 per hour starting in November , up from $15 an hour , CNN r epor ted.

Roberts joined McKesson in 2023, after more than 15 years of experience at major global companies like Hilton, Microsoft, Morgan Stanley and General Electric.

If an agreement is not reached by Jan. 15, another coast-wide strike at U.S.

Only 26% of employees are “very satisfied” with their benefits, according to recent research from benefits technology company Nayya — leading to 37% higher absenteeism, 18% lower productivity, 15% lower profitability and significantly increased likelihood of attrition.