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Workspan Daily
03/04/2025
Report: Fewer Workers Got Bonuses in 2024, But Payments Were Higher
The HR software company analyzed payroll data from more than 400,000 U.S. businesses and found: ;End-of-year bonuses in 2024 averaged $2,503 — 2% higher than in 2023.; ;Communications industries — the highest-performing S&P 500 sector in 2024 — had the biggest leap by far, paying out 22% higher bonuses year-over-year.; ;Increases in other industries (10% in real estate, 9% in entertainment and recreation, and 8% in retail) also reflect a strong 2024 for those sectors and business owners’ optimism.; ;Bonus amounts in some service industries were down, including personal services (down 10%) and tourism and accommodations (down 7%), potentially signaling a cooling of wage growth for service workers after several years of post-pandemic wage increases.; ;The transportation and warehousing industries also saw a 10% decrease in bonus amounts, following a downturn in freight rates, demand and revenues.; “Instead of spreading bonuses more evenly, companies may be concentrating
Author(s):
Rebecca McKinsey
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The Journal of Total Rewards
View Recent Articles Member Only Access No Results Found Please try a different combination of filters or categories. ;; ;; ;; ; View Previous Issues Catch up on past issues of the Journal of Total Rewards Journal of Total Rewards Q2 2025 Explore the next equity frontier -- where analytics help ensure inclusive advancement opportunities.
Workspan Issue
Workspan Magazine, June-July 2024
See Issue Workspan Q3 2023 In this Q3 issue of Workspan, we explore how broad changes are prompting organizations to rethink how they pay their sales teams as 2024 comes into view.
Workspan Daily
05/11/2023
2023 Proxy Season Portends More Say-on-Pay Successes
At the midway point of 2023 proxy season, investors’ views on executive compensation suggest there will be less say-on-pay failures than there were in 2022.
Author(s):
Henry Mbom, Erik Nelson, Heather Marshall
Course
Practice Exam A Certified Sales Compensation Professional (CSCP®)
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Research
Learn About Salary Budget Survey 2026-2027
Key Dates: Survey participation window March 10, 2026 – April 24, 2026 Full report and online reporting tool release Early August 2026 What Access Includes: Online Reporting Tool Create customized reports for the U.S. and Canada by industry, geography, organization size, and revenue Top-line Summary A clear, concise view of global and regional salary budget trends Participating Organizations List Understand the breadth and diversity of survey participants Appendix of Detailed Results Spreadsheet-ready tables for deeper analysis and easier integration into internal planning
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Workspan Daily
04/25/2024
Fiduciary Final Rule Is Published. What’s the Impact for HR?
Further, the final rule does not alter Interpretive Bulletin 75-8, D-2 ( 29 CFR 2509.75-8 ) (IB 75-8) under the Employee Retirement Income Security Act of 1974 (ERISA), which states that individuals “who perform purely administrative functions for an employee benefit plan” and “who have no power to make decisions as to plan policy, interpretations, practices or procedures, are not fiduciaries.”
Author(s):
Paul Arnold
Workspan Daily
11/10/2023
Starbucks to Raise Hourly Wages in 2024 
Hollywood has been most shutdown since May because of a pair of strikes by writers and actors, resulting in financial pain for studios and for many of the 2 million Americans— makeup artists, set builders, location scouts, chauffeurs, casting directors — who work in jobs directly or indirectly related to making TV shows and films.
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