For 2009, the median budget for salary increases is projected to be 3.75% for both nonexempt salaried and hourly employees. The median salary increase budget projections for exempt and executive employees are higher at 3.80% for exempt and 3.90% for executives.
The rapid global expansion of India-based multinationals and the resulting increase in employee mobility are forcing companies to address policy issues on international assignments.
A new research paper finds that a standardized international policy on fee disclosure would help pension plan participants become better informed consumers of Defined Contribution (DC) plan investment and administrative services.
New research suggests that national health insurance in Canada does not substantially broaden access to vision care, which is often made available in the worksite market.
Organizations are taking a variety of creative steps to help their employees offset the high cost of gasoline. In addition to helping to organize employee ride-sharing and carpooling programs, U.S. companies are also supporting increased use of telecommuting and compressed work weeks.
As the daily requirements of pet care affect workers' ability to manage home and work responsibilities, they may look to their employers for help. According to a new survey, three out of five workers own pets and 43% said they would use employer-provided services to help find resources for their pets if they were offered.
According to the "2008-2009 WorldatWork Salary Budget Survey," telework has shown the most significant 12-month increase in the United States and Canada.
While many workers are having a tough time finding suitable employment in today's uncertain economy, companies also face challenges finding highly skilled people.
As American workers prepare for the upcoming long Labor Day weekend, will their rest and relaxation be interrupted by any job-related worries? According to a new survey, 81% of American workers are currently worried about something when it comes to their job.
Despite increases in executive base salaries and cash bonuses, total remuneration growth for real estate executive positions (CEO, COO, CFO, and General Counsel) was essentially flat in aggregate.
Hard pressed employment advisers are struggling to meet the needs of the United Kingdom's most vulnerable workers, a new Trades Union Congress report has revealed.
According to a newly released study, the workplace "3 Rs" that keep Baby Boomer employees up at night are fear of redundancy (layoffs, firings), relevance (keeping skills current) and resentment from younger associates.
The U.S. Department of Labor announced publication of two proposed rules under the Pension Protection Act (PPA) to make investment advice more accessible for millions of Americans in 401(k) type plans and individual retirement accounts (IRAs). The proposed regulation and class exemption was published in the August 22, 2008 Federal Register.
It appears that the proposed Ohio law requiring employers with 25 or more employees to annually guarantee at least seven days of paid sick leave to full-time employees is headed for the Nov. 4 ballot following the breakdown of efforts to reach a compromised bill in the state's legislature.
People in Hong Kong are worried that their retirement savings will be insufficient to sustain their standard of living during their retirement, according to a recent online poll. The findings also indicate that respondents welcome a higher level of equity investments in their retirement savings portfolios.
A significant proportion of the British workforce feel the quantity of their paycheck is not adequately reflective of the labor they put in on a day-to-day basis.
The average real wage increase for European workers fell from 2.7% in 2006 to 2.3% in 2007, according to new data published by Eurofound's European Industrial Relations Observatory (EIRO). The annual update on pay developments in Europe recorded big differences between EU Member States, both in terms of pay trends and the level of pay increases. It also found a continued moderation in wage increases in the former EU15 countries; among the new EU Member States, however, a distinctive upward trend was evident, with average wage increases almost four times higher than in the former EU15 countries.
As students gear up to go back to school this fall, those already in the workforce may want to consider continuing their education, a new survey suggests. 84% of senior executives interviewed in a new survey said their firms offer tuition benefits for their employees. All (100%) of respondents said their companies also reimburse for other forms of professional development.
HR executives in the United Kingdom observe that the two most challenging groups of workers to retain are those at the beginning and those at the end of their careers, reports Online Recruitment. Each group requires a unique set of strategies to get them to remain with an employer, states MRINetwork, one of the worlds largest executive search organizations.
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