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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: ;Employee Compensation; ;Finance and Budgeting; ;Workforce Engagement; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

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The Journal of Total Rewards First Quarter 2022 | Volume 31 | No. 1 A far-reaching look at mental wellbeing at work, including measuring inclusion and research based methods for providing mental health assistance.

Ask yourself, “Is $1 million in sales from an existing client worth the same as $1 million in new business dollars?”

Australia Australia Hikes Minimum Wage in Response to Cost-of-Living Surge As of July 1, Australia’s employees on the minimum or award wage system saw a 5.75% rise in pay to $23.23 per hour, or $882.80 per week.

In that study, 776 respondents indicated that the ratio of comp staff to overall workers was: ;Highest in organizations with 1-499 employees (0.19 per 100 workers).; ;Lowest for those with over 20,000 employees (0.04 per 100 workers).; At the same time, smaller companies may not have anyone dedicated to the compensation function, according to the Payscale report.

“Many guys don’t feel like they have a sense of belonging when they attach to healthcare systems,” explained John Oliffe, a professor and Tier 1 Canada research chair in men’s health promotion at the University of British Columbia and founder of the university’s Men’s Health Research Program.

Automatic enrollment becomes mandatory in 2025 for retirement plans established after late 2022, and new plans also must automatically escalate participants’ deferral rate by 1% a year, with maximums of 10% to 15%.

The top three reasons why you should engage with your local affiliate: 1) exchange of ideas and experiences with colleagues in your area, 2) strengthen your expertise in seminars, training and events held near you, and 3) further develop your career through new professional connections.