U.S. employees hoping for larger pay raises next year may be disappointed. A new survey by leading global advisory, broking and solutions company Willis Towers Watson reports U.S. employers plan to hold the line on budgeted pay raises in 2020, despite low unemployment and a tight labor market. Some employers, however, are projecting modestly larger… Continue reading U.S. Employers Plan to Hold the Line on Pay Raises in 2020: WTW Survey
Tag: employee compensation
U.S. Employers Taking Measures to Modernize Total Rewards Programs: WTW Survey
As the war for talent in today’s tightening labor market intensifies, a majority of U.S. employers are taking steps to modernize their Total Rewards programs, according to a new survey by leading global advisory, broking and solutions company Willis Towers Watson. “We know from our research that Total Rewards programs are crucial to an employer’s… Continue reading U.S. Employers Taking Measures to Modernize Total Rewards Programs: WTW Survey
U.S. Employers Eyeing Improvements to Compensation Programs: WTW
Growing pressure to improve their pay-for-performance programs and ensure fair pay throughout the workplace is sparking changes to corporate America’s employee compensation and performance management programs, according to a new survey by leading global advisory, broking and solutions company Willis Towers Watson. “Getting compensation right is becoming increasingly important as employers look to drive higher… Continue reading U.S. Employers Eyeing Improvements to Compensation Programs: WTW