Category: Compensation and Rewards
New research by ADP and also by LinkedIn shows that pay has become the #1 factor in employee satisfaction. And no wonder: inflation is raging, people are overworked, and CEOs keep asking employees to be “more productive” (read “work harder”).
And how do companies keep up? They’re talking about laying people off, getting rid of ... Read more»
On March 30, 2023, the European Parliament approved a groundbreaking law, the Pay Transparency Directive, that will change the way businesses operate by mandating pay equity compliance.
That same day Australia made broad changes to the Fair Work Act, restricting fixed-term contracts and pay secrecy clauses; strengthen provisions on gender pay equity, ... Read more»
On March 14, 2023 the United States will celebrate Equal Pay Day, the symbolic day dedicated to raising awareness of the gender pay gap, which is the difference between the average earnings of men and women for the same work. And according to most studies, this “pay gap” has a way to go.
In ... Read more»
People have been talking about the future of work for decades, and it’s always an interesting, controversial, and complicated topic. Well, this week I spoke at a very unique event in Europe that gives us new ideas how to address this large and complex issue.
On November 23 I was honored to address the King ... Read more»
For the last three years we’ve been worried about burnout, mental health, and work life balance during the pandemic. This week a new issue has emerged. A new Mercer study of employee sentiment found that pay has suddenly become the number one factor in satisfaction at work.
When asked “what keeps workers up at ... Read more»
Everywhere you go people are talking about inflation. And for good reason: this month we saw an annual 7% inflation rate, the biggest gain in 39 years. And as I see it, this is likely to continue, so what are we going to do?
First, Why The Inflation?
While there are many contributing causes, ... Read more»