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Workspan Magazine article;WorldatWork’s Salary Budget Survey , research; For Everyone Mercer Projects 3.6% Total Salary Increase Budgets in 2025 , Workspan Daily article;Report: 1 in 3 Organizations Don’t Have a Pay Equity Strategy , Workspan Daily article;Understanding Base Pay-for-Performance and Merit Increase Guidelines , on-demand webinar;Base Pay Administration and Pay for Performance , course; Giving managers discretion in the allocation of merit pay increases can be empowering for both the giver and receiver.

Address Barriers to Utilization Employers believe they frequently communicate about EAPs, according to the Prudential study, yet 22% of employees know little about their available benefits, and 1 in 10 finds them too complex.

How AI Is Reshaping Jobs, the Workforce , Workspan Magazine article; ;How AI is Changing Total Rewards Functions and Roles , Workspan Magazine article; ;How to Use AI to Improve Your Recruitment Process , Workspan Daily Plus+ article; ;Audit Checklist to Uncover and Mitigate AI Bias in Compensation , Workspan Daily Plus+ article; With more organizations using artificial intelligence (AI) tools to assist with hiring tasks, and 1 in 3 employers foreseeing a fully AI-led hiring process by 2026, automation is no longer a concept — it’s a reality.

.; ;Just over 1 in 4 workers report mental health concerns, but utilization of support programs remains low — suggesting a gap in awareness, understanding or value.; As costs affiliated with total rewards (TR) rise and 72% of employers look to make changes to their benefit offerings, now is the time for HR and TR professionals to expand their field of vision since a misaligned rewards strategy is not only expensive but can lead to reduced employee engagement, increased absenteeism and turnover, and stalled recruitment.

Today, about 1 in 4 pregnant people in the U.S. don’t access prenatal care in that window, which is a critical time to identify risk.”

In this new mindset, four priorities stand out. 1.

We saw this more than 10 years ago, when career development emerged as the No. 1 retention driver for the sales workforce back in 2010.

Comments on this proposal are due within 30 days of when the proposal is published in the Federal Register, which signals the SEC has this proposal on a similarly fast track as the Rule 10b5-1 proposal issued at the end of 2021, with the strong possibility being that calendar-year companies will need to include this disclosure on their 2023 proxy.

For employers with 26 or more workers, the minimum wage would reach $18 on Jan. 1, 2025.

“Franchisors should be aware that, while the law does not require a specific wage increase, it does state that the Council may increase the minimum wage for fast-food workers up to $22 per hour on Jan. 1, 2023,” said Berhe.