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This includes participating in industry pay surveys, analyzing the company’s competitive position, estimating costs and recommending pay structure changes to remain aligned with market objectives.

Workspan Daily reaches a global audience of HR and rewards professionals (leaders, practitioners and consultants) working in a wide range of industries.

California: New Limits on Stay-or-Pay Contracts Start on Jan. 1 Effective Jan. 1, 2026, California Assembly Bill 692 (AB 692) will limit an employer’s ability to impose repayment obligations for upfront sign-on and retention bonuses, as well as certain other “stay-or-pay” practices (such as tuition and loan assistance programs).

Figure 1 is a historical analysis covering 1974-2021.

Yet, just an estimated 25% of U.S. businesses offer paid parental leave while the United States remains the only industrialized nation not to mandate it.

For WorldatWork Members Tech’s Expansive Role in the World of Work , Workspan Magazine article;A Step-by-Step Guide to Employing Modular, Hyper-Personalized Comp , Workspan Daily Plus+ article;TR Is Key to Successfully Integrating AI and Work , Journal of Total Rewards article;Solving the Pain Points in Pay Equity Analysis , Workspan Magazine article; For Everyone How An Industry Leader Sees Technology Transforming Total Rewards , Workspan Daily article;How AI Is Transforming the Total Rewards Landscape , Workspan Daily article;5 Ways Comp Pros Can Maximize Their Market Management Tool , Workspan Daily article;How TR Pros Can Handle Increasing Volatility in the Workplace , Workspan Daily article;Turn Your Compensation Spreadsheet into a Secure, Multi-User Business Application , on-demand webinar; Payscale and Trusaic, two prominent players in the HR and compensation technology space, announced a strategic partnership on Tuesday, Sept. 30.

In addition, the 2024 University of Michigan National Poll on Healthy Aging found more than 1 in 4 Americans 50 or older are now caregivers, looking after at least one family member or friend who has a health problem or disability.

According to Great Place To Work research , employee turnover is typically less than half the industry average at strong workplaces, resulting in stock performance triple that of the market and 8.5 times more revenue per employee.

For example, a plan pays 1% of revenue below quota and 2% of revenue above quota – the latter being an accelerator.

After the COVID-19 pandemic and the Black Lives Matter movement, investors and boards of directors across industries are increasingly focused on initiatives that address the “S” — social or societal inequities — in ESG.