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Having this type of platform won’t guarantee DEI success, but you need the right data tools to enhance how employers can evaluate the makeup of their workforce, so it can inform the decisions they need to help them reach their diversity goals.

.; ;60% saw greater employee retention.; Results like those ring true to Jesse Hubbard, CCP, compensation manager at the University of Wisconsin Credit Union (UWCU), a Madison, Wis.

., 60 th percentile of market practices) to set target total compensation/on-target earnings for each job.; Pay Mix.

According to WOSU Public Media, Ohio State provided raises (totaling more than $2 million in aggregate) to 306 employees to put them over the Jan. 1 threshold and keep them salaried.

Only 23% of the 1,000 surveyed full-time workers aged 42 or younger (and only 18% of workers 30 or younger) expressed a strong interest in remaining with their employer long term.

The 60-day comment period will run through June 22.

As a result, many practitioners working in this area are feeling stretched: A recent study by compensation strategy firm Novo Insights found that nearly 60% believe the compensation function at their company is understaffed.

Recertification Course Credits WorldatWork Recertification Credits 2 Compensation Credits CEUs 0.2 Credits HRCI Recertification 2 Credits SHRM Recertification 2 Credits Learning Options Exercises are included throughout each section of the course for hands-on practice.

According to Alight’s 2023 International Workforce and Well-Being Mindset study, 78% of surveyed employees said saving and planning tools would be valuable to them, while just over 60% said they would find value in personal financial one-on-one coaching or advice.

Many different types of pay plans have been created over the years, each with a different twist to address the needs of organizations and their employees at the time.