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Payroll and benefits firm Dayforce found workers cut their retirement savings contribution rate in 2025 to 8.9%, down from 9.2% a year earlier, and 1 in 4 workers reduced their annual savings in their 401(k) or other types of employer-sponsored accounts.

.; Within a year, the company exhibited measurable results in the form of 30% less turnover and 40% more internal promotions.

What are the pros and cons of this type of transparency?

Of the workers responding to the survey: ;60% would leave for higher pay.; ;78% viewed compensation as a top factor when considering a new role.; When asked why they stay: ;76% cited financially driven reasons such as pay, benefits or security.; ;34% cited fear-based reasons like layoffs or job market uncertainty.; ;14% said career growth.; ;9% said loyalty.; “Retention strategies built solely on economic fear won’t last forever,” said Jasmine Escalera, a career expert at MyPerfectResume.

They began saving at age 30 (median).

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Certification Requirement CCP: Required Exam GRP: Required Exam Recertification Course Credits WorldatWork Recertification Credits Course and Exam Credits ;11 Compensation Credits; ; Exam Only Credits ;2 Compensation Credits; ; CEUs 0.9 Credits HRCI Recertification 9 Credits SHRM Recertification 9 Credits BEST VALUE 30% Savings CCP® Course and Exam E-Learning Bundle Includes all 8 courses and exams $976.50 USD/per course ($7,812 for all 8 courses

Access a related Workspan Daily article on this subject: Pay Transparency Is a Global Phenomenon (and Concern); Access bonus Workspan Daily Plus+ content on this subject: Answers to Common Employee Questions on Pay Transparency; While the upcoming European Union (EU) Pay Transparency Directive does not directly require employers to include pay bands in job listings or broadly share them internally, it does require them to share salary ranges with candidates prior to interviews and to provide those ranges to employees in writing within 60 days if workers ask for them.

In this model, the five characteristics of a good job are: 1) task identity; 2) task variety; 3) task significance; 4) autonomy; and 5) feedback (Hackman and Oldham 1980).

Human Resource Management Review 19(2): 86–103.