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“Without that kind of basis, I also think it’s really hard to think about the type of reskilling or upskilling the workforce will need.”

Workspan : What are the consequences of this type of pay suppression tendency for employees and employers?

Department of Labor, the pandemic set women’s labor force participation back more than 30 years.

.; Knowing the value of human-machine teaming and the types of capabilities it involves, how can organizations ensure that they have what’s required?

Beyond salary adjustments , consider these options offered by experts interviewed for this article: ;Access to programs, workshops, resources or experts to help workers with budgeting, debt management and retirement planning; ;Caregiver stipends; ;Workplace commute reimbursements; ;Student loan repayment assistance or matches; ;Lower health plan premiums; ;Spot bonuses; Before implementing new programs, ask workers directly and anonymously how they’re feeling about their finances, where their gaps in understanding or access are, and what types of resources would be helpful, said Jasmine Escalera, a career expert at career resource platform Zety.

Millennial workers ranked the highest (30%) among demographic groups, expressing a similar sentiment as they did in 2022 (29%).

Hollywood has been most shutdown since May because of a pair of strikes by writers and actors, resulting in financial pain for studios and for many of the 2 million Americans— makeup artists, set builders, location scouts, chauffeurs, casting directors — who work in jobs directly or indirectly related to making TV shows and films.

;Scenario 2: Payroll timelines are typically different in the U.S. than in other international jurisdictions.

Compensation Only 2.

In fact, most (60%) employees say they’d switch jobs for more pay transparency.