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Just as the CCP and GRP originally set a new standard for our profession, our updated programs will set a fresh global standard for how, what and why we deliver as compensation professionals.

WTW’s 2023 “ Dynamics of Work ” survey found only 21% of organizations were allowing globally remote work and had set up policies and frameworks around the concept.

Policy Changes on Comp and Talent Management , Workspan Daily article;Consider Performance Targets for Setting Executive Incentive Goals , Workspan Daily article; An organization’s refined annual operating plan and longer-term strategic plan in a new year can spark conversations in the C-suite and boardroom about executive incentives.

.; The results: In 2023, Framery found just a 1% gender pay gap in both the company’s office setting and manufacturing setting, according to its annual sustainability report , meaning salaries are nearly equal.

Alignment requires leadership to set out clear directives, which link performance to desired expectations and overall objectives.

Restaurant and trade groups said they have submitted enough voter signatures for a ballot measure to try to halt implementation of a new California law that would set minimum hourly wages for fast-food workers in the state starting next year, The Wall Street Journal reports .

A set of specialist sellers may need to collaborate within an account or set of accounts that have the same/connected buyers.

“Employee resource groups and other DEI efforts such as having a diverse set of candidates or interview panels to promote diversity and belonging tend to have a lower risk profile,” Siu said.

As a result, when it comes to setting compensation for new hires in comparison to their colleagues, it may be advantageous to mind the midpoint of salary ranges, said Lori Wisper, managing director at WTW.

Providing an overly generous policy can set a dangerous precedent of inflated payout expectations and can also lead to financial strain on the organization.