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A recent forecast by the Anderson Economic Group estimated that a 10-day walkout would cost the U.S. economy $7 billion, with workers racking up $1.1 billion in lost wages and UPS losing $816 million.

A business head at a commercial bank in Shanghai told Bloomberg of his frustration that his pay dropped 10% last year, despite double-digit growth at the institution and strong personal performance.

Salary.com, which recently released its 10 pillars of effective compensation , notes that communicating about pay allows companies to collaborate with employees to build a compensation plan that best serves the entire company.

Smaller EU nations — those with populations of 10 million or less — are prime candidates to expand the directive’s various requirements to organizations with fewer than 100 workers.

For instance, regarding remote work, several prominent studies have shown a considerable percentage of employees would give up some of their salary (upward of 10%) and/or some of their benefits to retain flexibility over where and when they do work.

Additional key findings from the career website’s report include: ;6 in 10 managers rely on AI to make decisions about their direct reports.; ;More than 1 in 5 frequently let AI make final decisions without human input.; ;Two-thirds of managers using AI to manage employees haven’t received any formal AI training.; ;Nearly half of managers were tasked with assessing if AI can replace their reports.; The surveyed managers also stated they use AI to manage their teams in a variety of ways: ;97% use it to create training materials; ;94% to build employee development plans; ;91% to assess performance; ;88% to draft performance improvement plans (PIPs); Among managers who use AI to help manage their teams, a majority (71%) express confidence in AI’s ability to make fair and unbiased decisions about employees.

Access a related Workspan Daily article on this subject: ;Lack of Coaching Is Killing the Performance of Performance Management;Q&A: A Guidebook for Navigating Workers’ AI Pay Searches; Access a bonus Workspan Daily Plus+ article on this subject: Elevate Leadership: A Checklist for Effective Employee Coaching; AI at Work in Performance Management Research recent from consulting firm WTW showed nearly 4 in 10 organizations are using AI in their performance management processes, and a similar portion are thinking about getting started.

According to a recent Willis Towers Watson study, “six in 10 employers say they intend to pay remote employees the same as in-office workers no matter where they live, while 18% intend to set pay levels by looking first at the market value of an employee’s skills and then factoring in their location.”

If the law stands, it will create a 10-member Fast Food Council with equal numbers off workers’ delegates and employers’ representatives, along with two state officials, who will be empowered to set minimum standards for wages, hours and working conditions in California.

Not only has the overall rate of SoP proposals failing to receive majority support increased to 4%, but the average level of shareholder support has dipped below 90% for the first time in 10 years.