One half of U.S. companies say their biggest challenge in complying with the forthcoming pay ratio disclosure rule is forecasting how their employees will react, according to a poll by Willis Towers Watson, a leading global advisory, broking, and solutions company. The poll also found nearly half of respondents haven’t considered how, or if, they […]
Tag: Biggest Challenge
How much have your pay rates increased in 2015? What will they be in 2016? Are they tied to the market or internally driven? What’s going on with your peer companies around the country?
Highlights of the survey: 18.2% of respondents are awarding merit increases (averaged across all employee types) of up to 2.5% in 2014 and 46.1% are awarding increases of more than 2.5% 21% of survey participants awarded an increase of 2.51–3% for “Meets requirements” and 12.9% awarded that amount for “Exceeds requirements.” The biggest challenge for […]
Thanks to all who participated! Here are the detailed results: Most Common HR Policies The most widely implemented policy, according to our survey respondents, is harassment and/or discrimination with 94.5% having such a policy, followed closely by employee leave at 91.1%. Also above the 90% mark are computer and Internet use, confidentiality and proprietary information, […]