As organizations prepare for their compensation benefits and structure, this planning guide provides information on salary budget increases, structure adjustments, promotional spending, and variable pay budget increases to assist in budgeting personnel expenses. Using the national and regional data as average percentages of payroll, the guide serves as a helpful planning tool.
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Today’s multigenerational workforce challenges even the most well-designed benefits strategies. And while many employers believe they’re delivering value, there’s a small perception gap that reveals where smarter strategy can take benefits programs from good to great. It’s more than a human capital issue, it’s a business-wide challenge impacting retention, performance, and ultimately, profitability.
Every business needs an executive compensation and incentive program that rewards leaders who deliver desired results. An incentive pay structure is a valuable component of the total rewards package that a business can use to retain and motivate its leaders and key employees. These plans tend to focus on long-term incentives that align employee goals to that of the owners—specifically, contributing to the growth of the business. In this overview, see how different compensation alternatives can help you create the right strategy for your business.
Attracting and retaining top talent has become more complex than ever, with shifting expectations around workplace flexibility, compensation, and benefits. This session will explore how family offices and wealth advisors can design talent strategies that balance in-office collaboration with remote work flexibility, address competitive compensation structures, and provide meaningful benefits that align with long-term goals.
The future is human. With all the talk about how the newest generation of technology is going to change our world, this research clarifies that it’s the human factors that are most important. Across nearly every dimension of this survey, business leaders identify the “people side of business” factors as central and essential to their competitiveness now and well into the future.
Nonprofits are facing increasing budget and personnel uncertainty due to both a decline in donations and threats of cuts to government funding. As a result, volunteers will become even more important in helping nonprofits fulfill their missions. However, even the most well-intentioned and qualified volunteers can expose organizations and philanthropic families to legal, financial, and reputational risks—especially if the volunteers are placed in unsuitable roles or lack proper screening, training, and supervision.
College graduation is an exciting event, but it can be filled with uncertainty with the start of a job that brings new responsibilities and decisions. To help with the transition, it's time to plan your financial future. To get started, here are helpful tips on budgeting and spending money wisely, checking your credit score, saving for retirement, understanding your company’s benefits, monitoring and protecting your online activity (both financials and social posts), building your business skills, and more.
Understanding the nuances between retirement plans can be challenging. This Quick Reference Guide to Retirement Plans compares and contrasts features such as account establishment, account contributions, and accessibility.
At the current rate of progress, a young woman starting her career today will be working for more than a quarter of a century before she can expect to work at a mid-market firm with gender parity in top roles. While understanding that gender diversity is a fuel for potential growth that brings benefits to the bottom line, many businesses often lack a clear purpose behind their gender equality strategies at the risk of another missed generation of opportunities. This year’s Women in Business research gives reason for optimism and there is a great deal to learn.
When companies gather and use behavioral insights to accelerate behavioral and cultural change, they can have a positive impact on their company’s vision, priorities, work environment, and more. By understanding what employees are doing—in addition to how they are feeling—companies can address the people and culture issues that can hold back transformation and value realization. Here, we identify five key steps to using behavioral data effectively to support and foster a successful cultural transformation in your workplace.