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“[Research shows] only 4% of leaders believe their approach delivers exceptional value — a figure that has barely shifted in a decade.

Key Takeaways Most Don’t Fully Explain Their Rewards Programs’ Design, Purpose;November Job Cuts Continue Trend of Year-Over-Year Jumps;ManpowerGroup Predicts Stable Hiring Outlook to Start 2026;Employers Are Changing How They Evaluate Job Candidates;Figures and Facts of the Week; Most Don’t Fully Explain Their Rewards Programs’ Design, Purpose According to Korn Ferry’s latest Global Total Rewards Pulse Survey , only 1 in 4 organizations clearly explain their reward programs’ purpose and design.

For WorldatWork Members Voluntary Benefits’ Value Is Based on Integration into TR Package , Workspan Daily Plus+ article;Anatomy of a Wellness Program: Ensuring Regulatory Compliance , Workspan Daily Plus+ article;ERISA Safe Harbor: The 4 Rules for Voluntary Benefits , Workspan Daily Plus+ article;Total Rewards Inventory of Programs & Practices , research;Health Plan Compliance Calendar , tool; While employee dental insurance plans are popular, not all provide adequate value to your workforce.

The new policy went into effect Jan. 4, 2023, and will retroactively apply to service members who were on maternity convalescent leave or caregiver leave as of Dec. 27, 2022.

Employees are responding positively to these kinds of flexible arrangements: Nearly 40% of 1,002 hiring managers whose companies offer semi-retirement say that the number of employees choosing this option has increased in the past two years, and just 4% saw a decline, according to a survey by The Harris Poll for Express Employment Professionals.

.”; For two rules that have generated a lot of publicity and legal challenges in recent months: ;The Federal Trade Commission’s noncompete final rule was published in the Federal Register on May 7, 2024 (with an effective date of Sept. 4, 2024).; ;The Department of Labor’s final rule updating the salary threshold for overtime exemptions was published in the Federal Register on April 26, 2024 (with an effective date of July 1, 2024).; Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Equitable and Diverse Workplaces; ;Total Rewards; ;Finance and Budgeting; ;Organizational Performance;

.; Scenario #4: Managing the Annual Design Process You are now ready for the big leagues.

.; Bear in mind, sharing feedback upstream often lands you on beta programs, cutting service fees while giving you influence over the roadmap. 4.

Journal of Finance 77(4): 2051-2091.

Thus, if John received a 4% raise and Peter a 5% raise, and John feels that Peter contributed more and deserves the 5% raise relative to his 4% raise, John will perceive distributive justice.