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The Journal of Total Rewards Third Quarter 2021 | Volume 30 | No. 3 This issue looks at ways to fix Social Security’s funding gaps, a pay equity primer for executives, investing in retail employees, and more.

A CBC press release introducing its report stated, “Since the ruling, diversity initiatives have come under attack in corporate America, on college campuses in nearly 30 states, and in federal programs and venture capital firms for Black and minority businesses, despite research [supporting DEI and its impact] from institutions such as the Black Economic Alliance Foundation … and McKinsey & Company.”

Try the 70-30 rule, in which you spend about 70% of the time on what’s going well and 30% on areas for improvement or growth.

.; ;30% cited stock market instability as a major concern.; ;21% worried about inflation reducing their buying power.; ;Only 2% of respondents said they aren’t worried at all about their financial future.; Along with delaying retirement, many of the surveyed older workers also are making significant lifestyle and investment changes: ;41% have made changes to their investment strategy due to market instability.; ;Just 8% said they’re staying the course with no changes.; Even as they delay retirement, many older workers already are drawing from their retirement savings, often out of necessity: ;61% of the respondents said they are regularly withdrawing from their retirement accounts.; ;30% dip into savings occasionally, for specific expenses.; ;8% are holding off and saving their funds for later.; IBM to Pay $17 Million in DEI Settlement In a first-of-its-kind “ Civil Rights Fraud Initiative ” case, computer technology company IBM has agreed to pay $17 million to the U.S. government

Breaking down by sector, 48% of employers in the public sector are likely to have examined (or had plans to examine) the impact of COVID-19 and the economic crisis on their workers, followed by 43% of private-sector service business, 42% of voluntary-sector organizations, and 30% of manufacturing and production firms.

GM said Thursday that buyout offers were being made to all U.S. white-collar employees with at least five years at the company as of June 30, which accounts for the majority of its roughly 58,000 salaried U.S. employees, the Journal reported.

The new rule’s effective date is Sept. 30, and will only be applied to cases filed after it.

Top drivers of relocation included: ;Cost of living (40%); ;Family (39%); ;Better lifestyle/weather/amenities (36%); ;More living space (30%); ;Work/life balance (23%); ;Politics (10%); The report also found: ;75% of workers are worried about finding another remote position if they quit.; ;59% of workers would accept lower salaries to guarantee permanent remote work; ;56% admit to staying at jobs they don't like because of their remote team status.; The threat of losing remote work flexibility creates anxiety for a third of workers (33%) and would prompt strong reactions if mandated: ;58% would attempt to negotiate continued remote arrangements.; ;30% would quit outright to find another remote position.; ;12% would comply with a return-to-office mandate.; Survey Shows Employees Overwhelmingly Support Expanding DEI Initiatives Eighty-four percent of employees believe companies should expand their diversity, inclusion and equity (DEI) efforts despite ongoing political debates

The surveys were conducted during online sessions held March 30 and April 5, 2022, with about 60 ESG experts, mostly from Germany, Switzerland and the rest of Europe, including the United Kingdom.

Most stay interviews last about 30 minutes and utilize five to eight questions based on the individual and strategic need.