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Workspan Daily
03/04/2025
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
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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
Workspan Daily
04/25/2024
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.”
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Workspan Daily
11/10/2023
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.