Five years since the Great Recession, a new survey, "Compensation Programs and Practices" from WorldatWork shows the majority of organizations determine the value of employee jobs based on the market-pricing approach. WorldatWork, a nonprofit human resources association and leading compensation authority, conducted the 2014 survey of its membership to better understand the trends in compensation and practices.
WorldatWork, a nonprofit human resources association and leading compensation authority, submitted a comment letter today to the Office of Federal Contract Compliance Programs (OFCCP) at the U.S. Department of Labor (DOL) on its proposed regulations governing compensation data requirements for federal contractors.
Tackling topics from paternity leave and paid vacation to sick leave and sabbaticals, a Tweet Chat with work-life and benefits leaders hosted by WorldatWork's Lenny Sanicola will cover paid-time-off issues that have an impact on the total rewards profession.
WorldatWork's Alliance for Work-Life Progress (AWLP) is proud to announce that nominations are being accepted for three highly-respected awards during its 11th observance of National Work & Family Month.
Pay increase budgets at U.S. employers have improved slightly up to 3.0 percent in 2014 from 2.9 percent in 2013 according to the 41st annual "WorldatWork 2014-2015 Salary Budget Survey." Forecasts show that the average raise in base pay for 2015 in the United States is projected to be 3.1 percent.
India, China and Brazil averaged the highest 2014 total salary budget increases at 10.5 percent, 8.2 percent and 7.2 percent, respectively (medians: 11.0 percent, 8.3 percent and 7.3 percent), according to preliminary data released from the "WorldatWork 2014-2015 Salary Budget Survey," now in its 41st year.
WorldatWork recognizes retirement planning as a key component of an organization's overall benefits strategy. Crafting a holistic financial plan for retirement can restore confidence and build savings for one's post-working years. To help spread this message, WorldatWork is supporting National Retirement Planning Week 2014 from April 7 – 11, a national effort to help consumers focus on financial needs in retirement.
Work-life experts and thought leaders from a diverse group of organizations will gather at WorldatWork's Alliance for Work-Life Progress (AWLP) 2014 Work-Life Forum March 19-21 at the Embassy Suites in downtown Baltimore.
Research released today by WorldatWork, in conjunction with both Deloitte Consulting and Vivient Consulting, shows that a vast majority of organizations use and rely on incentive-based pay practices to compete for top talent, as well as to motivate and reward employees.
The recent snow storm that shut down much of the northeast is a timely reminder of how much telework helps companies, the federal government and our economy remain productive by keeping employees connected to their workplaces when they are unable to commute to an office. This is one of the many reasons WorldatWork is proud to support National Telework Week 2014 March 3-7, sponsored by Mobile Work Exchange.
66 Organizations Recognized for Work-Life Effectiveness
WorldatWork's Alliance for Work-Life Progress (AWLP) is proud to announce that 66 organizations have earned the Work-Life Seal of Distinction for 2014. The seal is a unique mark of excellence designed to identify organizational success in work-life effectiveness. The winners will be honored March 20 at the Work-Life Gala Awards Dinner at the AWLP Work-Life Forum in Baltimore.
While many compensation professionals use point solutions and enterprise systems (e.g., Oracle, PeopleSoft, SAP), by far the most popular tool for salary structure design (89%) is spreadsheet applications, according to a 2012 WorldatWork/Deloitte Consulting study.
Anjali Nair of Bangalore, India, is the 55th recipient of a WorldatWork HR certification scholarship. The WorldatWork scholarship program was launched in January 2010 to help HR practitioners obtain designations as Certified Compensation Professionals, Certified Benefits Professionals, Global Remuneration Professionals or Work-Life Certified Professionals.
WorldatWork President and CEO and Executive Director of the Alliance for Work-Life Progress (AWLP) Anne Ruddy issued the following statement on the White House Summit on Working Families. Ruddy is attending the Summit representing WorldatWork and AWLP:
Cara Woodson Welch, WorldatWork vice president, public policy, news & publications, issued the following statement urging senators to vote against the Paycheck Fairness Act (S. 2199, originally introduced as S. 84) as currently drafted....