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.; Scenario 2: Planning for a Hiring Increase An uptick in hiring may arise from business expansion, new product launches or favorable market conditions.

The effect can be sizeable, with one study showing a reduction of 2% .

You’ll need to consider work-related issues, such as employment and corporate taxes, legal and regulatory issues, time zones, benefit offerings, and overall costs, perhaps requiring you to offer multiple compensation strategies for your remote workers. 2.

The survey, in conjunction with Fidelity, found that only 2% of organizations reported not having pay equity on their radar.

.; In the United States, 17.3 million Americans, 11% of the workforce, identify as digital nomads — traditional jobholders and independent workers — an increase of 2% from 2022, according to a August 2023 report from MBO Partners.

SAG said its request to receive a 2% cut of all streaming revenue would cost companies such as Netflix and Disney less than 57 cents per subscriber annually.

Step 2: Understand the Survey Results How you analyze survey results will likely impact the insights you can glean and the type of change you ultimately implement, so exercise care when reviewing the data from your surveys .

Performance Year 2 Disclosure Trends , Workspan Daily article;Pay Versus Performance Disclosures: Next Steps for Companies , Workspan Daily article;SEC Releases Updated Guidance for Pay Versus Performance Disclosure Rule , Workspan Daily article;Executive Compensation Immersion Program , course;Essentials of Executive Compensation , course ; ; The new pay vs. performance (PVP) disclosure requirement from the U.S.Securities and Exchange Commission (SEC) has not made a big splash yet, but it still has the potential to reshape the executive pay landscape as time goes on.

Step 2: Gather Data Relative data must be collected and validated.

Scenario 2: Your organization’s utilization of a particular benefit is lower than the benchmarked average, or lower than expected — but after examining the cost-benefit ratio, you might still make the determination it’s worth keeping.