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Let’s Talk About the Trend Away From Base Pay Increases Towards Short Term Rewards

Something Different

Namely; the percent of annual payroll budgets dedicated to salary increases has shrunk from a high of 10% to a current level of 2.9%, and short-term incentives as a percent of payroll has skyrocketed from 3.9% (when Aon first started tracking the metric in 1988) to a record 12.7% last year. ^In

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After Years of 3% Increases, Where Have All the Good Raises Gone?

TLNT: The Business of HR

Cited in the article, analyst firm Aon Hewitt calls this a “drastic shift” based on the firm’s annual survey on salaried employee compensation. The share of payroll budgets devoted to straight salary increases sank to a low of 1.8 percent of payrolls. percent in the depths of the recession. It dropped to 4.3

AON 40
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Where Have All the Raises Gone?

Compensation Cafe

Cited in the article, analyst firm Aon Hewitt calls this a “drastic shift” based on the firm’s annual survey on salaried employee compensation. The share of payroll budgets devoted to straight salary increases sank to a low of 1.8 percent of payrolls. percent in the depths of the recession. It dropped to 4.3

AON 40
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HR Tech Weekly: Episode #257: Stacey Harris and John Sumser

HR Examiner

Aon Buys Willis Towers Watson: Another Waypoint In The Demise of Employer Pensions Link ». Topics: Oracle, Mercer, Silkroad, Alight, Paycor, Paychex, Aon, Willis Towers Watson. And this just goes to say that good business metrics have to be followed and when they are numbers start to drop right. Other News this Week.

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10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

This includes metrics such as enrollment rates, claims data, and employee feedback. Consider Integration and Compatibility Ensure the platform seamlessly integrates with your existing HR systems, payroll software, and other relevant tools. Compatibility is key to streamline processes and avoid data discrepancies.