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Employees are responding positively to these kinds of flexible arrangements: Nearly 40% of 1,002 hiring managers whose companies offer semi-retirement say that the number of employees choosing this option has increased in the past two years, and just 4% saw a decline, according to a survey by The Harris Poll for Express Employment Professionals.

.”; For two rules that have generated a lot of publicity and legal challenges in recent months: ;The Federal Trade Commission’s noncompete final rule was published in the Federal Register on May 7, 2024 (with an effective date of Sept. 4, 2024).; ;The Department of Labor’s final rule updating the salary threshold for overtime exemptions was published in the Federal Register on April 26, 2024 (with an effective date of July 1, 2024).; Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Equitable and Diverse Workplaces; ;Total Rewards; ;Finance and Budgeting; ;Organizational Performance;

Among organizations utilizing off-cycle increases, Citron said the frequency is as follows: Monthly (2%);Quarterly (14%);Twice a year (27%);Once a year (51%);Other (6%); Preparing for 2025 While budgeted merit and annual increase rates are decelerating, it is important for companies to remain proactive in their compensation strategies, Citron said.

“The idea of Part 2 [of the report] is helping organizations construct a game plan for putting empathy into action,” he said.

Gallagher & Co. revealed that change fatigue now ranks No. 2 among the top five barriers to organizational success in 2025.

The Weight on Employees When budgets get tight and the gap between salaries and cost of living grows, any one additional factor — such as the rising cost of gas for an employee who needs to commute to work — could be enough to prompt workers to look for a new role that pays even $1 or $2 more an hour, said Ron Seifert, the North America total rewards leader at Korn Ferry.

If you pay a U.S. employee $50,000, you give them a W-2 and you’re done.

Organizations reported being less likely to modify their long-term incentive (LTI) plans or seek discretionary adjustments (Figure 2).

; 2.

In these sectors, seasonal hiring dropped 2% from 2023 to 2024, and Challenger forecast a further decline this year as e-commerce businesses and logistics providers continue to lean on automation, flexible scheduling and year-round staff to meet fluctuating demand.