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Only 30% strongly agree that someone at work encourages their development, down from 36% in March 2020.; “ An Epidemic of Dissatisfaction .”

“Not providing severance is just bad PR and employees are able to bring many types of employment lawsuits as a result,” Hollis said.

Research from Payscale supports this notion as well, as it found that pay transparency increases employee retention by 30%.

This follows an August 2022 article , which explained WTW’s findings based on publicly disclosed initial public offering data reported by PE-backed portfolio companies. ( Editor’s Note, 9/17/2025: Long-term incentives [LTIs] are a type of deferred compensation that rewards employees for achieving performance goals over an extended period, typically more than one year, to encourage employee retention, motivate long-term commitment and align their financial interests with the organization’s long-term success.

Each rest break must be at least 10 minutes and each meal break must be at least 30 minutes.

Educating employees on the most common types of tax credits can help reduce their overall tax liability.

Among the businesses surveyed by WTW this year, 30% said they’re at least somewhat likely to remove coverage in the next few years if prices remain where they are, with only 15% of those without coverage considering adding it at current prices.

With over 30 years of legal and HR experience, Chambers is a pragmatic, solution-oriented executive with strong strategic and tactical skills in human resources and law.

Many different types of pay plans have been created over the years, each with a different twist to address the needs of organizations and their employees at the time.

The answer may vary depending on your personal preferences, type of work, life stage and financial needs.