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The total number of Americans voluntarily working part time is now more than five times the number of people who work part time but would prefer to work full-time, according to new data from the U.S.

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; ;Organizational Performance; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

However, collect market data to establish target total compensation amounts for each job.

Grieb explains that the new rule expressly allows fiduciaries to consider what steps might increase the participation rate for their specific employees, adding that if certain investments could increase total plan assets through stronger participation or higher deferral rates, the DOL thinks that can be a relevant factor.

Hiring Rebounded in November; Jobs Total Beat Estimates;DOL Looks to Phase Out Subminimum Wage for Workers with Disabilities;University Rescinds Raises After Court’s Decision on OT Final Rule;Missouri Senate Introduces Pay Transparency Bill;Volkswagen Workers Go on Strike in Germany;Apple Accused of Monitoring Workers’ Personal Devices;Macy’s Employee Hid Up to $154 Million in Expenses; U.S.

For WorldatWork Members Internal Talent Marketplaces Get a Boost from AI , Workspan Magazine article;Internal Mobility Keeps Employees from Moving On , Workspan Magazine article;Career Curation: How Total Rewards Can Drive Skills Portfolio Building , Workspan Daily Plus+ article;High Potential: The Power of Job Rotation, Shadowing and Stretch Goals , Workspan Daily Plus+ article;How to Leverage Skills Testing for Total Rewards Success , Workspan Daily Plus+ article; Gone are the days when becoming the boss was the dream of every young worker.

Impact Unleashed: Member and Customer Success Stories Tammy Peet-Sass Director, Total Rewards and HR WorldatWork Member Since: January 1991 Tammy Peet-Sass manages Executive Compensation for a global consulting firm, working out of Kansas City.

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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 Experience; ;Employee Recognition; ;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.