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.; In addition, the survey found skills-based promotions are on the rise — from 30% of organizations utilizing the practice in 2023 to 41% in 2024 — yet only 27% of executives currently believe their workforce models are agile enough to pivot talent effectively.

Bureaucracy is reduced while employees are empowered to make decisions that expedite the execution of tasks (Lee and Edmondson 2017).

Michael Bodziner, Gensler co-CHRO The Catalyst After about four years serving as CHRO, Michael Bodziner, who has worked at Gensler since he took a college internship there 40 years ago, went to his co-CEOs in 2024 to ask whether they’d be open to splitting his job across two executives.

“Otherwise, their employees will have very different experiences simply based on location, and that runs the risk of reducing employee trust and engagement,” said Gail Greenfield, executive vice president of pay equity and total rewards strategy and solutions at Trusaic.

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Duncan Wardle, a former executive at The Walt Disney Company, shared that message during his energetic closing session Wednesday at WorldatWork’s Total Rewards ’25 conference in Orlando, Fla.

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While the Fair Labor Standards Act (FLSA) includes an array of exemptions from minimum wage and/or overtime requirements, most misclassification issues that land in court involve the “white collar” exemptions (executive, administrative, professional, computer, and outside sales).

According to the Wall Street Journal , Tobi Lütke , the company ’ s founder and chief executive, told staff in a memo sent last week that the layoffs are necessary as consumers resume old shopping habits and pull back on the online orders that fueled the company ’ s recent growth.