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Workspan Daily
02/10/2023
“The evolution of AI will expand to reward design, pay equity analysis, plan creation — what I call the advanced levels — and it could potentially be a game changer in disintermediating what reward professionals do and do not do,” he said. “ For example, it could potentially reduce the need for transactional rewards roles, resulting in only the most senior level incentive design to being done in house by a person, Piker said.
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Workspan Daily
07/19/2024
Former Whataburger Employee Sues Over Retirement Plan The Whataburger restaurant chain, headquartered in San Antonio, Texas, is looking for a way out of a proposed class-action lawsuit over losses in employee retirement plans , according to the Houston Chronicle .
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Workspan Magazine
05/15/2023
Meantime, the motivation to plan for retirement is there, suggests Fidelity Investments’ 2022 State of Retirement Planning Study, and it surpasses the drive to plan for other financial milestones like owning a home or planning a wedding (see Figure 2). 80% of people with a strong understanding of longevity save regularly for retirement. 2.
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Workspan Daily
07/30/2025
For-profit organizations awarded about 0.5% more in merit increases than not-for-profits, maintaining their preference for performance-based pay.”;
Case-Based Compensation Decisions
Examining specific compensation-based decisions, the report showed:
;For instances of promotions , organizations are planning average increase budgets of 3.0%, compared to a 2025 average actual increase of 3.2%.
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Workspan Daily
12/06/2023
Apart from a minimum wage, there also are provisions in BC’s plans for expense coverage, tip protections, destination transparency, suspension and termination decisions, and workers’ compensation coverage.
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Course
You’ll walk away with the tools to create long-term solutions that protect internal equity, boost retention, and keep your business performing at its best.
Workspan Daily
05/05/2023
However, Mason noted promotions, are not a quick fix to solve for internal equity concerns, as long-tenured employees often fall behind the market over time since organizations do not differentiate merit awards enough to ensure those employees lower in the range are earning a sufficient pay increase to move them to the market (midpoint of the pay range) fast enough.
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Workspan Daily
04/28/2022
Short - and Long-Term Rewards By inviting the professional’s full span of contributions into the workforce, including the soft skills that too often go unnoticed, and by upholding employee-centric boundaries around mental, physical and temporal space, teams are positioned for fast and lasting rewards.
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Workspan Daily
04/22/2025
Access a bonus Workspan Daily Plus+ article on this subject:
;Don’t Underestimate the Power of Non-Financial Rewards; Key findings from the compensation software and data company’s report include:
;Participating organizations plan to give, on average, a
3.5% pay increase in base salary in 2025, down slightly from last year’s 3.8%, with smaller organizations leading with higher raises.;
;47% said they are experiencing increased tension between ensuring fair pay and optimizing spend.;
;A significant 31% of organizations identify unfair pay as the primary reason for losing talent, highlighting the damaging impact of pay inequity.;
;While
investment in pay equity has declined 5% since 2024 , it has increased 19% since 2020 and remains a focus for most organizations (57%).;
“In 2025, the tension isn’t just economical — it’s emotional,” said Alicia Scott-Wears, a compensation content director at WorldatWork.
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Workspan Magazine
02/01/2021
As such, each of the solutions here are cloud-based and, one hopes, offer the data security necessary to protect employee privacy.
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