A sampling of articles that have appeared in the press about WorldatWork surveys, ideas, and people.
Compensation
"2008 raises look good…for the boss"
WSJ.com, the online version of Wall Street Journal, cites data from the WorldatWork Salary Budget Survey. The article talks about merit increases and variable pay. Alison Avalos, WorldatWork practice leader, is quoted as saying variable-pay programs are "a way to deliver funds without making that long-term commitment" to a fixed salary, and it “requires the employee to perform." The same article ran in Career Journal and Smart Money and other media outlets that subscribe to Dow Jones News Service.
“Executive pay dissected”
The November 2007 edition of Directors Monthly, the official journal of the National Association of Corporate Directors (NACD), features an in-depth by-lined article by WorldatWork executive compensation practice leader Don Lindner, CCP. The article explains how the WorldatWork Executive Rewards Questionary helps in identifying every essential factor for rewarding executives and directors.
“Wall Street’s bonus anxiety”
The Nov. 8, 2007, edition of CNNMoney.com cited WorldatWork compensation practice leader Jim Stoeckmann in an article about how bonuses are linked to revenue and profits.
“We’ve got the questions. Do you have the answers?”
The October 2007 edition of Directors and Boards featured an article by Don Lindner that predicts that government and media scrutiny on executive pay will intensify as the 2008 proxy season approaches. The article highlights the WorldatWork Executive Rewards Questionary, a new tool to help boards and compensation committees identify their top pressure points.
Benefits
“Comprehensive benefits packages aid in recruiting good workers”
The Oct. 5, 2007, edition of Tampa Bay Business Journal cites Lenny Sanicola, WorldatWork benefits practice leader, providing tips on how to ensure your benefits package is competitive.
“Making the best of benefits”
The Nov. 5, 2007, edition of Workforce Management cited WorldatWork benefits practice leader Lenny Sanicola talking about how companies might consider making an investment in employee wellness and extend that investment to employees’ families.
Work-Life
"Tips for reaching a better work-life balance"
The Oct. 31, 2007 edition of PC World cites Kathie Lingle, director of Alliance for Work-Life Progress, an affiliate of WorldatWork. Kathie is quoted as saying, “Many people who want to make a change in their lives fail to first reflect on exactly what it is they want to do differently. Step 1 should always be to set your priorities, she says. "Get those straight in your mind, and [then] act on them," Lingle suggests.
“Exit lines”
The Nov. 19, 2007 edition of The Washington Post quotes practice leader Adam Sorensen talking about the relationship between workplace stress and turnover. Data from the Watson Wyatt and WorldatWork study on global strategic rewards is cited.
Global
"Stress is driving workers world-wide to call it quits"
The Nov. 19, 2007, edition of Wall Street Journal (European edition) quotes Adam Sorensen as saying, “Worldwide, the frenetic pace of modern business is taking its toll on employees.”
“Reden van vertrek vaak onbekend”
The Oct. 30, 2007, edition of De Tijd, a Netherlands newspaper, cites the 2007/2008 Global Strategic Rewards® study by Watson Wyatt and WorldatWork.
Total Rewards
“All the right moves for 2008”
The December 2007 issue of Money magazine mentions WorldatWork in an article that talks about how employers will be dangling incentives and bonuses -- not raises -- next year.
“Pay Raises Flat in 2008”
The Nov. 1, 2007 issue of Human Resource Executive quotes Anne Ruddy, CCP, CPCU, as saying, "Modest 2007 salary budget increases of 3.9%, which are expected to plateau in 2008, present a challenge for managers. They will have to think more holistically and learn the art and science of 'total rewards' to attract, motivate and retain talent."
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If you do not find what you are looking for, members of the media should contact:
Marcia Rhodes, APR
Media Relations
480/304-6885
Marcia.Rhodes@worldatwork.org
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