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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.

The report also found: ;Less than 10% of women have a formal mentor at work, compared to 15% of men.; ;38% of women say their value is recognized through daily work visibility, while men feel valued through corporate culture (47%) and values (51%).; ;Only 28% of women feel their corporate culture actively supports them.; Access a bonus Workspan Daily Plus+ article on this subject: ;Take Steps to Invest in Women Workers’ Success ; “Women face several barriers to career growth, including structural, cultural and systemic challenges,” said Ruth Thomas, a pay equity strategist at Payscale.

For example, Uber disclosed in the 10-K for the fiscal year ending Dec. 31, 2021 that it filed with the Securities and Exchange Commission (SEC) on Feb. 24, 2022 (Securities and Exchange Commission 2022), that it is party to litigation in Massachusetts and Switzerland regarding whether their drivers should be classified as employees in those jurisdictions.

Those participating in a 401(k) or similar plan currently contribute 10% (median) of their annual pay.

We found that the employer in the midpoint of our range gave employees who met its expectations a merit-based pay raise of 6%, while those who exceeded the expected performance received a pay raise of 10%.