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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.

Now in its 49th year, WorldatWork’s Salary Budget Survey is the longest-running survey of its kind and offers CEOs, Chief Financial Officers and HR professionals robust, year-over-year data to design competitive compensation plans and total rewards strategies that attract and retain high-performing employees.

To get the most out of this course, you will need to have working knowledge of the WorldatWork Total Rewards model, compensation fundamentals of a Total Rewards strategy, labor regulations, base pay systems and variable pay programs.

A total of 656 responses were received, representing organizations of different sizes and across multiple industries.

“We also know that organizations are taking a broad approach to funding their increase in total compensation spend,” Jennings said, noting that 43% of survey respondents indicated they will fund through total rewards optimization, pointing to an approach that considers other factors beyond pay, such as well-being and benefits.

WorldatWork Deepens Engagement in Africa with New Nigerian Partner January 19, 2022 Scottsdale, Arizona — WorldatWork, the leading global nonprofit organization for Total Rewards professionals, is expanding its presence in Africa with a new strategic partnership in Nigeria.

WorldatWork and OpenSymmetry Unveil the 2024 Sales Performance Management Insights Report January 16, 2025 Austin, Texas  —OpenSymmetry, a global consulting company specializing in the planning, implementation, and optimization of industry-leading technology suppliers of sales performance management solutions in collaboration with WorldatWork, the premier global nonprofit association for Total Rewards professionals has released the Sales Performance Management 2024 Report.

For WorldatWork members 2024-2025 Salary Budget Survey , research;Total Rewards Inventory of Programs & Practices , research;Salary Data Center , tool;Total Compensation Statement Builder , tool;Thinking Beyond Base Pay , Workspan Magazine article; For Everyone Pay Isn’t Enough — Benefits Are Key to Engage, Retain Workers , Workspan Daily article;Survey Data, Partnerships Enable Effective Salary Budget Plans , Workspan Daily article;More Employee Compensation content; While pay continues to be a leading factor in attracting top talent, some employees indicate other factors — such as a business’ brand and reputation or organizational culture — may weigh more heavily than compensation in their decision to work for a company.

According to the Alexander Group’s Sales Compensation Hot Topics Survey Report , 61% of surveyed organizations planned to increase headcount this year — the highest rate since 2019 — and raise total compensation cost by 5.3%.