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.; Reuse Permission With the 2023 proxy season now in the rearview mirror, WTW’s post-season say-on-pay (SoP) research within the Russell 3000 indicates a shift from the recent norm.

Wanting employees back in the office full-time is dead,” said Shekar Nalle Pilli Venkateswara, senior director, work and rewards, at WTW.

Access a bonus Workspan Daily article on this subject: Gen Zers and Millennials Are Increasingly Rejecting Corporate Loyalty Provide Career Development Businesses should offer career development growth that is not necessarily “ladder-like,” including through reskilling and upskilling programs , said Monica Martin, the senior director of integrated and global solutions and a total rewards leader at WTW.

.; “When employees are struggling with their well-being, it’s difficult for them to perform efficiently,” said Casey Hauch, managing director of employee experience at WTW.

In part due to those challenges, some mental health providers have eschewed carrier networks in favor of private pay — and that poses problems for workplaces, too, said Erin Terkoski Young, the director of health, equity and wellbeing at WTW.

.; ;WTW (Dec. 18): 3.7% salary increase budgets for 2025; 3.8% average increase budget in 2024.; “These findings reflect the dynamics of a stabilizing yet still competitive U.S. labor market amid ongoing economic uncertainty,” said Sue Holloway, a compensation content director at WorldatWork.

Read Bio Bernardo Buraglia VP HR Global Rewards at Eaton CCP, CSSC-CSSBB Read Bio Blair Jones Managing Director at Semler Brossy Consulting Group, LLC CCP, GRP, CECP, CBP Read Bio Bonnie Kelly Vice President, Total Rewards and Organizational Effectiveness for Sealed Air CCP Read Bio Brian Marsh Vice President Global Total Rewards, Restaurant Brands International CCP, GRP, CBP, CECP Read Bio Brian Myers Director | WTW

The survey found 2024 salary increase budget projections to be slightly higher than the 4% increases projected by 2,090 organizations in WTW’s survey and significantly higher than the 3.8% increases projected by 1,757 organizations in Payscale’s survey .

A Business Case for Menopause Benefits Offering menopause benefits improves overall employee health outcomes, enhances talent value propositions and boosts employee retention, said Elaine-Marie Cannella, senior director of health and benefits for WTW.

Addressing compression is an “age-old compensation concern” that became top of mind following the recent upheaval in the employment market, said Lindsay Wiggins, director of work and rewards at WTW.