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The report also found that while current pay budgets have risen to 4.2%, in 2022 more than two-thirds of companies (70%) spent more than they originally planned on pay adjustments for the past 12 months.

Asian-American women earn 93 cents for /$1 men make; White women, 83 cents; Black women, 70 cents; and Hispanic women, 65 cents.

Hybrid Options Work for All Demographics Of the women surveyed by Deloitte, 70% were more likely to stay with their employer in the coming years if they have a high degree of work flexibility.

WorldatWork research found the percentage of employers offering paid parental leave to some or all their employees grew from 46% in 2016 to 70% in 2022.

That’s up 45% since 2015, according to the report, which also found that 70% of surveyed are juggling paid employment and caregiving.

Consider Alternatives to Unlimited PTO Many HR/TR teams may be abandoning unlimited PTO, but flexible benefits should still remain a top priority.A survey by insurance company MetLife showed 70%of workers said customizable benefits would increase their organizational loyalty, and the demand for a better work-life balance will only become more important in the coming years.

The research showed while a 65-year-old American has a 70% chance of needing LTC during their remaining lifetime, only 3% have affiliated insurance to cover the costs.

Ask health plans and vendors these questions to assess the diversity of their provider network so that women employees have a comfort level with physician and specialist choices: What do the data show about employee claims, engagement and outcomes by sex, race and ethnicity?

Total Rewards represents one of an organization’s most significant investments, accounting for more than 70 percent of total business costs.

For nearly 70 years, WorldatWork has served Total Rewards professionals throughout the world working in organizations of all sizes and structures.