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Total Rewards News from WorldatWork

Total Rewards

Salary Increase Budgets Below 4% for 2008 and 2009
August 28, 2008
For 2009, the median budget for salary increases is projected to be 3.75% for both nonexempt salaried and hourly employees. The median salary increase budget projections for exempt and executive employees are higher at 3.80% for exempt and 3.90% for executives.
Vast Majority of Americans Feel Underpaid
August 28, 2008
A new poll surveyed Americans views on their compensation packages and it found that 77% of respondents feel they are underpaid.
Global Growth of India-Based Multinationals Raises International Assignments Issues
August 28, 2008
The rapid global expansion of India-based multinationals and the resulting increase in employee mobility are forcing companies to address policy issues on international assignments.

More Total Rewards news >>


Compensation

Salary Increase Budgets Below 4% for 2008 and 2009
August 28, 2008
For 2009, the median budget for salary increases is projected to be 3.75% for both nonexempt salaried and hourly employees. The median salary increase budget projections for exempt and executive employees are higher at 3.80% for exempt and 3.90% for executives.
Vast Majority of Americans Feel Underpaid
August 28, 2008
A new poll surveyed Americans views on their compensation packages and it found that 77% of respondents feel they are underpaid.
Telework on the Rise in the U.S., Canada
August 26, 2008
According to the "2008-2009 WorldatWork Salary Budget Survey," telework has shown the most significant 12-month increase in the United States and Canada.

More compensation news >>


Benefits

Fee Disclosure Policy Needed for Defined Contribution Pension Plans
August 27, 2008
A new research paper finds that a standardized international policy on fee disclosure would help pension plan participants become better informed consumers of Defined Contribution (DC) plan investment and administrative services.
More to Vision Care than Meets the Eye
August 27, 2008
New research suggests that national health insurance in Canada does not substantially broaden access to vision care, which is often made available in the worksite market.
Employers Take Variety of Initiatives to Alleviate Impact Gas Prices
August 27, 2008
Organizations are taking a variety of creative steps to help their employees offset the high cost of gasoline. In addition to helping to organize employee ride-sharing and carpooling programs, U.S. companies are also supporting increased use of telecommuting and compressed work weeks.

More benefits news >>


Work-Life

Japan Takes Steps to Balance Work-Life
August 28, 2008
Prime Minster Yasuo Fukuda of Japan has taken steps to encourage Japanese workers and businesses to achieve a better balance between work and family.
Canadian Shift Workers More Dissatisfied with Work-Life Balance than Day Workers
August 27, 2008
In Canada, shift workers are somewhat more dissatisfied (29%) with their work-life balance, compared with regular day workers (23%).
Employee Benefits Go to the Dogs with Increased Demand for Convenience Services, Including Pet Care
August 27, 2008
As the daily requirements of pet care affect workers' ability to manage home and work responsibilities, they may look to their employers for help. According to a new survey, three out of five workers own pets and 43% said they would use employer-provided services to help find resources for their pets if they were offered.

More Work-Life news >>


Canada

Who Is Working Hard and Who Is Hardly Working in Canada?
August 28, 2008
Canadians are working almost three hours more each week than employers expect meaning an average of 145 extra hours each year.
Canadian Shift Workers More Dissatisfied with Work-Life Balance than Day Workers
August 27, 2008
In Canada, shift workers are somewhat more dissatisfied (29%) with their work-life balance, compared with regular day workers (23%).
More to Vision Care than Meets the Eye
August 27, 2008
New research suggests that national health insurance in Canada does not substantially broaden access to vision care, which is often made available in the worksite market.

More Canada news >>


Global

SEC Proposes Roadmap Toward Global Accounting Standards
August 28, 2008
The Securities and Exchange Commission recently voted to publish for public comment a proposed roadmap that could lead to the use of International Financial Reporting Standards (IFRS) by U.S. issuers beginning in 2014.
More than 3 Million U.K. Workers Not Confident They Will be in Their Job in a Year
August 28, 2008
United Kingdom workers in lower-paid jobs and medium-sized businesses (18% compared to 12% in workplaces more than 1,000) are the least confident that they will be in their current jobs in a year.
Global Growth of India-Based Multinationals Raises International Assignments Issues
August 28, 2008
The rapid global expansion of India-based multinationals and the resulting increase in employee mobility are forcing companies to address policy issues on international assignments.

More Global news >>


U.S. Government
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HR Profession

SEC Proposes Roadmap Toward Global Accounting Standards
August 28, 2008
The Securities and Exchange Commission recently voted to publish for public comment a proposed roadmap that could lead to the use of International Financial Reporting Standards (IFRS) by U.S. issuers beginning in 2014.
The New Generation Gap
August 28, 2008
Almost 70% of companies dont have programs in place to deal with the four different generations currently in the workforce.
Despite Down Economy, Workers' Spirits Still Up
August 28, 2008
Nearly two-thirds of employed Americans say they are happy at work.

More HR profession news >>

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