The WorldatWork public policy team anticipates and addresses regulations and legislation that can impact Total Rewards and HR professionals. We provide official comments, information, data and resources on Total Rewards-related issues to public policy makers to help improve their proposals and decision-making.
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These are the current regulatory and legislative topics impacting the Total Rewards profession.
Ensuring pay and reward fairness has become a significant challenge for employers and rewards leaders. New data released today finds that male and female employees may base their perceptions on what is fair in terms of pay and rewards on different criteria.
“We aren’t seeing extreme increases in salary budgets like some experts had anticipated, but we are seeing growth,” said Alison Avalos, Director, Membership & TR Strategy at WorldatWork. “Organizations know they need to offer competitive pay to attract and retain top talent but pay isn’t the differentiator that it once was. Staying competitive with pay increases will likely continue, but we don’t anticipate dramatic increases despite the tight labor market and changes to the tax code.”
