Telework, telecommuting and mobile work have been hotly debated in the media lately. WorldatWork, a nonprofit human resources association, has been studying telework trends since 2001. This fact sheet sets the record straight on what is actually happening in the business world with regard to telework.
Alliance for Work-Life Progress (AWLP) is proud to announce the recipients of this year’s AWLP Work-Life Rising Star Award. Now in its seventh year, the Work-Life Rising Star Award recognizes stellar individuals who exhibit a combination of professional and personal attributes that demonstrate emerging leadership and growing contributions to the work-life community.
When it comes to setting sales quotas, “last year plus” is the most prevalent quota-setting approach for the majority (84%) of organizations. This was one of the key findings of the “Quota Practices Study” by WorldatWork and Better Sales Comp Consultants (BSC).
Companies Target Compensation Dollars to High Impact Employees Says New Poll by Pearl Meyer & Partners and WorldatWork
Employers continue to forecast modest salary increase budgets for 2013 and plan to target limited compensation dollars more strategically to employees who most affect organizational performance, according to a recent on-line poll by compensation consultancy Pearl Meyer & Partners.
Every organization's success depends on attracting and retaining the critical talent needed to execute its business strategy. Companies use competitive pay to ensure they have the right talent when it needs it most.
Pay programs and practices at many organizations are evolving. A WorldatWork study, " Compensation Programs and Practices 2012," compared pay practices from 2003 onward and found that even among small organizations, formalized compensation programs that include written philosophies, salary structures and active performance management are prevalent.
Compensation professionals are placing a higher priority on compensation communications, according to a new WorldatWork study initiated by the Compensation Advisory Council titled, “The Evolving Compensation Function.” Nearly half of the 656 surveyed respondents said they plan to focus more on effectively communicating the value of total rewards to employees and especially line managers.
WorldatWork calls for organizations to effectively allocate available salary dollars
Nowhere is the law of supply and demand felt more strongly than in the U.S. labor market. While U.S. unemployment decreased from 9.3 percent to 8.8 percent for the 12-month period ending April 2012 (according to BLS.gov), it was not enough to boost salary budget increases and, subsequently, employee wages.
Many organizations’ pay decisions may be misguided or unbalanced as they spend too much time focused on external comparisons and not enough time looking internally to measure and assess the actual workforce and business impact of their total reward practices.
Too many manual adjustments, program complexity and data problems are the top three challenges in sales performance management today. This was the key finding in the “2012 Sales Performance and Technology Survey” by OpenSymmetry Inc., a leading sales performance management and incentive compensation management consulting firm.
As the economy begins to improve, employers across the board are finding it more difficult to retain key talent — employees who are the strongest performers, have high potential or are in critical jobs.
The future of the total rewards profession will be marked by four factors: enhancing employee engagement; quantifying HR impact on the organization; effectively communicating; and tying rewards to business strategy. More importantly, the future of the profession will depend on filling talent gaps and developing leaders.
One size does not fit all when it comes to global rewards programs. Local regulations, customs, and expectations vary greatly across global regions even for the same company. Finding the right balance between global and local programs is often challenging for global rewards professionals.
WorldatWork has begun rolling out a series of courses to help human resources, compensation, sales, marketing and finance professionals with sales compensation analysis. Led by Dianne Auld, four practical application courses are offered under “Sales Dashboards: Using Excel for Sales Compensation Analysis.” The first two courses are now available online (as of May 1).
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.
With today’s heightened focus on workforce analytics, compensation professionals need more tools for analysis and decision making. The solution: Excel dashboard functionality, which allows the presentation of high levels of compensation information in an interactive, consolidated view.
AIRINC (www.air-inc.com), the HR data and consultancy specializing in workforce globalization, and WorldatWork (www.worldatwork.org), the leading association in providing education and research on global human resource issues, have formed a strategic partnership to provide training in Talent Mobility strategies.
Challenging economic times demand innovative business solutions. WorldatWork’s Alliance for Work-Life Progress (AWLP) is proud to recognize 25 organizations that understand and exemplify that type of leadership, by naming them as recipients of its inaugural Work-Life Seal of Distinction.
The 2012 WorldatWork Total Rewards Conference & Exhibition boasts six HR conferences in one. The annual event will be held at the Gaylord Palms Resort and Convention Center in Orlando, FL, from May 21-23.
Cara Woodson Welch, Vice President of Policy and Public Affairs at WorldatWork, a global human resources association, issued the following statement on the U.S. House vote passing H.R. 1406, the Working Families Flexibility Act of 2013:
Cara Woodson Welch, Vice President of Policy and Public Affairs at WorldatWork, a global human resources association, issued the following statement on the U.S. Senate Committee on Health, Education, Labor and Pension’s hearing entitled, Can We Do More To Keep Savings in the Retirement System:
WorldatWork submitted a comment letter today to the IRS Department of Health and Human Services on the agency's proposed regulations to govern employers shared responsibility or pay or play provisions of the Patient Protection and Affordable Care Act (PPACA).
401(k) plans remain a stable, trusted means for retirement planning and valuable recruitment and retention tool for employers
Even through volatile economic conditions, employers have demonstrated an unwavering commitment to the 401(k) system according to a study released today by WorldatWork, a global HR association, in partnership with the American Benefits Institute.
In a media briefing conference call on Wednesday, March 13, at 10:30 a.m. Eastern Time, the American Benefits Council and WorldatWork will unveil the 2013 Trends in 401(k) Plans and Retirement Rewards study, based on the results of a recent survey of large employer plan sponsors.
Tomorrow Jim Stoeckmann, CCP, CSCP, senior practice leader at WorldatWork, a global nonprofit human resources association, will speak at the United Nations International Civil Service Commission Retreat on compensation trends and best practices for international organizations.
In conjunction with the 20th anniversary of the Family and Medical Leave Act, the U.S. Department of Labor’s Wage and Hour Division published a highly anticipated final rule today implementing new provisions that amended the FMLA to expand protections to military families and airline flight crews.
Cara Woodson Welch, vice president of public policy and public affairs, at WorldatWork, a nonprofit global human resources association, issued the following statement on the 20th Anniversary of the Family and Medical Leave Act being signed into law:
WorldatWork submitted a comment letter today to the Office of Health Plan Standards and Compliance Assistance, Employee Benefits Security Administration at the U.S. Department of Labor responding to the request for comments on Wellness Programs governed by the Patient Protection and Affordable Care Act (PPACA).
WorldatWork, a nonprofit human resource association, submitted two comment letters today to the Department of Health and Human Services Centers for Medicare and Medicaid Services on proposed regulations governing health-care provisions of the Patient Protection and Affordable Care Act (PPACA).
Cara Woodson Welch, vice president of public policy and public affairs, at WorldatWork, a nonprofit global human resources association, issued the following statement on the 2012 election results and the impacts the results will have on total rewards professionals:
WorldatWork, a not-for-profit global human resource association, submitted a comment letter yesterday on the President’s Advisory Council on Financial Capabilitys (PACFC) draft strategic framework for financial capability initiatives in the workplace.
Yesterday the U.S. Senate unanimously approved Senate resolution 533 designating October 2012 as "National Work and Family Month." Senators Jeff Merkley (D-Ore.) and Mike Crapo (R-Idaho) lead the effort to pass the bipartisan resolution.
Cara Woodson Welch, Vice President of Public Policy and Public Affairs at WorldatWork, a global human resources association, issued the following statement in reaction to the U.S. Supreme Court's decision holding that the individual mandate in the Patient Protection and Affordable Care Act (PPACA) is constitutional:
Cara Woodson Welch, Vice President of Public Policy and Public Affairs at WorldatWork, a global human resources association, issued the following statement in reaction to the U.S. Supreme Court's decision on Christopher v. SmithKline Beechman Corp., where the court ruled that pharmaceutical sales representatives qualify as "outside salesman," and therefore companies are exempt from Fair Labor Standards Act (FLSA) overtime payment regulations for these reps.
Cara Woodson Welch, Vice President of Public Policy and Public Affairs at WorldatWork issued the following statement on the U.S. Senate Committee on Health, Education, Labor and Pension's hearing entitled, Beyond Mother's Day.
WorldatWork concerned proposed regs may increase difficulty in managing FMLA
WorldatWork submitted comments to the U.S. Department of Labor’s Wage and Hour Division voicing concerns that the draft regulations may create unforeseen challenges for employers' compliance with the Family and Medical Leave Act (FMLA).
Implementation of Patient Protection and Affordable Care Act may create complications for both consumers and employers
October 20, 2011 - WASHINGTON - WorldatWork submitted a letter responding to a request for comments on a proposed rule pertaining to the Summary of Benefits and Coverage (SBC) and the Uniform Glossary as outlined in the Patient Protection and Affordable Care Act (PPACA).