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Mental Health: Top of Mind for Leaders (The Journal of Total Rewards, Fourth Quarter, 2021);Hybrid Work and Mental Well-Being: Challenges and Opportunities in 2022 (Workspan Daily, Dec. 6, 2021);Rewards Management Survey: Employee Financial Well-Being (The Journal of Total Rewards, Fourth Quarter, 2021);Workplace Well-Being Deserves a Fresh Look (The Journal of Total Rewards, Fourth Quarter, 2021);It’s OK to Ask for Help (Workspan, First Quarter, 2021); 2.

“Grandfathered” public (governmental) sector 401(k) plans established before May 6, 1986, are beyond the scope of this article.

Business Insider, July 12.

This year, 12% of organizations are determining base pay increases on something other than individual performance, a 10-percentage point spike from 2018.;16% of respondents say their organization used a ratingless performance review system in 2021, double the percentage in 2016.

As reported for the account manager job in 12 large country economies, the pay mix varies by 5% or less.

Among them, 90% of Black students and 88% of Hispanic students think an organization’s focus on diversity is important, while only 73% of whitestudents think so. 12 —Average number of days from job offer to acceptance.

Low Opposition Institutional Shareholder Services (ISS) opposition settled lower at 12% so far (compared to 14% in 2022 and 11% in 2021 at the same time).

.;12% of employees cited work-life balance as a turnover driver.; Access a related Workspan Daily article on this subject: ;Maximize the Potential of New Hires with Targeted Reward Strategies; The Benefits of Pay, and the Payoff of Benefits Salary is the basis of a good total rewards (TR) program, said Hannah Yardley, the chief people and culture officer at employee experience and recognition platform Achievers.

According to the New York Times , thousands of employees across 70 companies in Britain started a four-day workweek on June 6 in a pilot program organized by the nonprofit groups 4 Day Week Global and 4 Day Week UK Campaign, and Autonomy, an organization that studies the impact of labor on well-being Over a six-month trial, researchers at Cambridge University, Oxford University and Boston College will assess its effect on productivity and quality of life and will announce results in 2023, the organizers said in a statement.

Russ Wakelin, WTW’s head of global product development for rewards data intelligence, said that while salary budget growth remains somewhat in check, only 6% of respondents indicated they are planning headcount reductions.