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Around 4%, or 2,000 workers, will receive an eventual reduction in restricted stock awards as part of the change.

“Still, a 4% increase is down from 2023, which saw actuals at 4.4%, so it’s a mild pullback, and globally, salary increase budgets are generally stabilizing or pulling back slightly in most cases,” she said.

Do not overdo changes; rather, focus on the one or two key areas in which you can bring about positive change quickly and easily. 4.

Course: Understanding Pay Equity Depending on the specific labor market in which you compete for talent, a 3% to 4% merit increase most likely will not be a strong retention tool for top talent.

New York Bill Provides Greater Specificity Under current New York state law, noncompete agreements are enforceable in instances where the contract: 1) is necessary to protect the employer’s legitimate interests, 2) does not impose an undue hardship on the employee, 3) does not harm the public, and 4) is reasonable in time period and geographic scope.

Theme 4: Life Event-Centered Messaging The approaches to communicating benefits, Noblick said, will require more than “blanket” benefit overviews and should be more about crafting messaging to life events, such as a new diagnosis or starting a family.

Phase 4: Value Added (Optional) With efficiencies found, employees may have added high-quality tasks into their work that they didn’t have time for before.

Only about 1 in 4 of the surveyed CFOs noted in the consulting firm’s survey that their organization was able to absorb the cost increases over the past two years without any of these business impacts.

Week 4: Gaining Shareholder Approval Format: One session, virtual (live), one hour Content:  Learn the process and what it takes to gain shareholder approval of an equity compensation plan, including the best approaches to drive buy-in with senior management, compensation committees, proxy advisors, and shareholders.

Healthcare and manufacturing are leading the charge, with tech hiring up 8% and 4%, respectively, since May 2025.