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This level of pay transparency will result in a greater understanding of the compensation philosophy, and employees will be equipped to make informed decisions about their compensation. 4.

For instance: Most surveyed workers in a May 2024 Harris Poll said they were satisfied with their employer’s PTO and vacation policies — and yet, 3 in 4 said they did not use the maximum PTO permitted.

Step 4: Develop and Initiate an Action Plan With the first three steps in place, create an action plan that may allow you to manifest the prioritized changes.

It is offering the union about a 4% raise in current negotiations, Huey said.

Step 4: Select Visuals To tell your story visually, select the key metrics that align with your purpose and present the data effectively using charts, graphs or other visual tools.

Scenario 4: You complete a cost-benefit analysis on your benefits and determine that, in each case, the benefits outweigh the costs, and no changes are needed.

He stated, “There are many issues that require regulatory clarity and stability so that the system can function properly, including (1) modernizing defined contribution plans to include alternative investments, such as private equity and cryptocurrency ; (2) the consideration of ESG [ environmental, social and governance ] factors; (3) the fiduciary rule as applied to [individual retirement account] rollovers; (4) mental health parity; (5) plan forfeitures; (6) pension risk transfers; (7) tobacco and vaccine surcharges and wellness programs; (8) managing pharmacy benefit managers and healthcare costs; and (9) cybersecurity to protect participants assets — just to name a few key issues.

., went on strike Aug. 4 after voting to reject a modified four-year labor agreement with company the day before.

Furthermore, nearly 1 in 4 (38%) identified poor leadership communication as a barrier to successfully navigating change management.

Key Takeaways ;New Retirement Report Lists Uncertainties in Each Generation; ;WTW Survey: M&A Deals Expected to Increase; ;Report: 93% of Neurodivergent Individuals Face Hiring Bias; ;Amazon Orders Corporate Employees to Relocate;Ford to Bring Salaried Workers Back to Office 4 Days Per Week;CareerBuilder + Monster Files for Chapter 11, Sells Assets; New Retirement Report Lists Uncertainties in Each Generation Sixty-eight percent of workers across generations feel they could work until retirement and still not save enough to meet their needs, according to a new report by the Transamerica Center for Retirement Studies.