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Professionals also shared that: 65% prefer a 100% remote work arrangement;32% would prefer a hybrid workplace;57% stated they would look for a new job if they couldn’t continue to work remotely; “From time and financial savings to increased productivity, remote work provides many valuable benefits for employees — but work-life balance is king,” said Sara Sutton, FlexJobs’ founder and chief executive officer, in a press release.

These real estate cutbacks enabled reduced office-related expenses on utilities (reported by 49% of executives), as well as less spending on supplies and equipment (48%).

In the United States, a presidential executive order and legislation at both the state and local levels are increasingly mandating, at minimum, salary range disclosures for employees and job applicants ( Green 2023).

The publicity surrounding this case will likely put additional pressure on organizations to make sure their compensation practices are fair.

Do you have executive L&D champions who regularly communicate the benefits of learning opportunities?

. ;; ;; ;; ; Journal of Total Rewards Q3 2021 This issue looks at ways to fix Social Security’s funding gaps, a pay equity primer for executives, investing in retail employees, and more.

Organizations are predicting an average base pay increase of 4.5% in 2024, according to Payscale’s 2024 Compensation Best Practices Report .

In 2023, the figure was 3.7%, showing a 9.1 percentage increase.; 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 Benefits; ;Employee Compensation; ;Employee Experience; ;Equitable and Diverse Workplaces; ;Well-Being; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.