Searching Workplace Equity on page 55

Cold Cuts on a Hot Lunch Report Sago Group, an independent research company, conducted the aforementioned Lunch Report study on behalf of ezCater, a food technology platform for workplaces.

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.

Save Reuse Permission As the artificial intelligence (AI) train picks up speed in the next few years, just about everyone in the workplace will need to hop on board … or risk being left at the station.

The WorldatWork survey gathers information about trends in compensation programs and practices, focusing on the prevalence of base and variable pay programs, as well as common practices used to administer and communicate these programs in today’s workplace.

For example, representation goals lend themselves to quantitative measurement, which can be achieved without advancing the broader goals of inclusion and equity — especially in the short term.

Gallup: Job U nhappiness Is at a S taggering A ll- T ime H igh As CNBC reported , Gallup, i n its recent “ State of the Global Workplace: 2022 report , ” found that, along with dissatisfaction, workers are experiencing staggering rates of both disengagement and unhappiness.

Commonly Used HR Metrics Average salary/wage;Compa-ratios (comparison of pay to a salary range midpoint);Count of employees per segment (hourly, non-exempt, professional, management);Average performance ratings (latest cycle);Average annual pay rise granted for each performance rating;Count and average of promotional and “equity” increases;Voluntary turnover (employees who decided to leave);Average employee age and length of service; We could go on and on, but you get the point.

Access a related Workspan Daily article on this subject: ;Perception Is Everything: The Path to Pay Confidence; Describe the Journey To create an environment in which employees understand how they can progress within the organization and increase their salary, start by training managers who will be having these conversations more frequently with workers, said Gail Greenfield, the executive vice president of pay equity and total rewards strategy and solutions at Trusaic, a pay equity and regulatory compliance software company.

., boiled down his remarkably readable 180-page, 48,000-word doctoral dissertation into the 5,000-word “Perceived Pay Equity Matters and Predicts Employer-Valued Outcomes” paper, which leads off this issue.

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