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For WorldatWork Members ;Teaching Employees About Pay Helps Avoid Transparency Problems , Journal of Total Rewards article; ;Answers to Common Employee Questions on Pay Transparency , Workspan Daily Plus+ article; ;How Employers Can Structure and Communicate Appropriate Pay Bands , Workspan Daily Plus+ article; ;2024-2025 Salary Budget Survey , research; One of the top three challenges organizations face in implementing pay transparency is a lack of manager capabilities to understand and explain compensation programs and practices, according to Mercer’s Global Pay Transparency Report.

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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 Benefits ;Employee Experience ; FREE Newsletter FREE E-newsletter Subscribe to Workspan Weekly for news on trends and compliance in Total Rewards, compensation and benefits.

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Base pay and total bonus benefits won't fall for any workers.

For WorldatWork Members Behavioral Performance Assessment: Turning the Painful into the Productive , Journal of Total Rewards article;How You Know When Your Recognition Program Is Working , Workspan Magazine article;Performance Management and Rewards , research; Performance ratings serve as an essential link between employee performance and the rewards they receive from their employer.

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: ;Equitable and Diverse Workplaces; ;Employee Benefits; ;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.

For WorldatWork Members ;Linking Rewards to Successful Performance Management Practices , Journal of Total Rewards article; ;How AI Is Rewiring Performance and Rewards , Journal of Total Rewards article; ;A New Way to Evaluate Performance-Compensation Strategy , Journal of Total Rewards article; ;From Perks to Performance: Total Rewards as a Strategic Force , Workspan Magazine article; ;Performance Review Builder , tool; For Everyone ;Q&A: How Can TR Leaders Position Themselves as Performance Partners?

Microsoft announced the layoffs on the same day that Amazon resumed a monthslong wave of cuts that will ultimately slash a total of 18,000 workers.

In June, both the number of hires and total separations were little changed at 5.3 million and 5.1 million, respectively.