Searching Workplace Equity on page 50

“A Grand Experiment: Axon Rolls Dice with Risk-Reward Equity Plan.”

For example, some organizations place equity compensation management under payroll or legal, while others integrate it with compensation.

Support Internal Consistency While external competitiveness is key, internal equity likely is just as important.

In some cases, when they don't find adequate support in the workplace, employees going through menopause leave their jobs or are laid off.

Based on Syndio’s new analysis of gender-based pay equity analyses conducted over the past year from 48 organizations, jobs at the lower end of the pay spectrum — such as retail, manufacturing and other frontline jobs — continue to pay more for time on the job compared to new workers.

While there are certainly benefits to offering remote work — namely the flexibility it affords employees — employers that operate in a fully or hybrid remote environment should be mindful of social health and create opportunities for employees to develop, cultivate and maintain social relationships, said Erin Terkoski Young, senior director, health, equity & wellbeing at WTW.

Thus, applying flexibility norms that became commonplace during the throes of the pandemic is prudent from both a workplace culture and risk management standpoint.

Sample Findings: ;86% of organizations made pay equity adjustments in 2021, which was up from 80% in 2020.; ;75% of organizations offered unpaid, job-protected time off to care for or bond with a new child (beyond legal requirements, if applicable, and beyond any paid parental leave an organization may offer), which was up significantly from 56% in 2020.; ;46% of organizations offered identify theft insurance to their employees in 2021, up from 34% in 2020.; ;Emerging leadership programs were less common in 2021, as 52% of organizations offered them compared to 59% in 2020.; ;70% of organizations offer relocation upon employer request while 19% of organizations offer relocation upon employee request.; ;74% of organizations offer civic duty pay (e.g., voting, jury duty beyond any legal requirements) while 47% of organizations offer unpaid civic duty leave (e.g., voting, jury duty).;

Alex MacDonald, a shareholder at Littler Mendelson P.C. and a member of the employment law firm’s Workplace Policy Institute (WPI), provided insights on a host of related regulatory and legislative issues.

Although starting salaries for new college graduates and intern wages are on the rise, college students, overall, definitively indicate that their employment decisions are based more on job security, workplace culture and development opportunities than they are on financial compensation.