WorldatWork

WorldatWork | September 29, 2016

Many employees have no idea how their boss sets their salary. At least that’s what employers think. A survey of 5,000 human resource professionals conducted by WorldatWork, an HR trade group, found that most believed that their company’s employees were largely in the dark about how their wages are determined. Today, 11 percent of respondents believe that “virtually no employees” understand the company's pay policy, up from 7 percent who said the same thing in 2014. Fo...

WorldatWork | September 12, 2016

As signs of autumn emerge, with pumpkin spice filling the air and students everywhere doing their math homework, companies are working on their own math: next year’s salary budgets. Employees hoping for big raises across the board will be sorely disappointed. For the sixth year in a row, average pay increases are pegged at 3 percent, according to four different surveys. Heftier hikes appear to have gone the way of employer-provided turkeys at the holidays and golden watches at retirement. ...

WorldatWork | August 12, 2016

U.S. companies are still cautiously managing salary increases despite the ongoing economic recovery. But they are more likely to bust out the bonuses for top performers as the battle for talent continues to heat up. Such was the report from a survey by WorldatWork of 5,759 company representatives to questions about their budget for this year and next. WorldatWork reported an across-the-board average salary hike of 3 percent in 2016 for all categories of employees, with a possible uptick to 3.1 p...

WorldatWork | August 05, 2016

Workers are more willing to tell their employers they want more pay and benefits or they will head for the exits, according to research from Spherion Staffing, which surveyed 416 HR managers and 2,810 American workers. Spherion found that 51% of employees believe the expanding job market gives them real power to negotiate higher salaries either with their current company or with a new one. Employee Benefits News reports that those results may collide with how HR currently runs benefits, as benef...