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“For all of them, the advice is, make sure you have a No. 2 who knows HR really, really well, and run everything by them,” he said.

Despite many surveys of employer intent still reporting that the “average” employer is budgeting 2% to 3% for pay adjustments (down from slightly over 3% a year ago), a significant percentage of employers cannot fund any increases because of the precipitous decline in their revenues.

This may require a new approach to defining role requirements, constructing more flexible career paths, rethinking traditional compensable factors, and ensuring that skill pricing is part of your competitive strategy.” 2 in 3 employees now embrace internal mobility over external job searches Source: Global Trends Report 2023, HireVue.

However, 4% of responding companies said they do not communicate about pay at all.

Patagonia is known for its incredibly low employee turnover rate , including a mere 4% in 2019.

Base salary increases were, by far, the most commonly enhanced total rewards (TR) category, with 74% of surveyed employers raising salaries in 2024, compared to less than a third of employers enhancing other compensation or benefit categories — but 4% fewer employers increased base salaries this year.

LGBTQ+ Workers Have Strong Sentiments on DEI Pullbacks The Human Rights Campaign Foundation (HRC) on Sept. 4 published results of a survey showing how LGBTQ+ adults would react to an employer rolling back DEI.

.; ;17% offer personal security to CEOs and 4% offer it to senior executives.; ;Between 8% and 12% offer cybersecurity protection to CEOs, senior executives and other executives.; Personal use of a corporate aircraft (whether or not it is offered as a security measure) is the most prevalent executive perk by far, with 48% of organizations offering it to CEOs and 22% offering it to senior executives, the Ayco survey found.

.; ;Others are transferring balances (13%), delaying repayment (14%), consolidating debt (8%), refinancing (5%), seeking financial counseling (5%) or negotiating with lenders (4%).; ;34% have taken no specific action, possibly due to limited financial options.; Workers Rank Mental Health Days as Top Well-Being Resource Mental health days are the best resource to manage stress and anxiety , according to a survey of 2,000 U.S. workers conducted by Wondr Health, a digital weight management solutions provider.

Court of Appeals for the District of Columbia Circuit, in a 7-4 decision, ruled President Donald Trump’s firings of National Labor Relations Board (NLRB) member Gwynne Wilcox and Merit Systems Protection Board (MSPB) member Cathy Harris were unlawful.