• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

InFront on the Workforce

Long-term and post-acute care publication

Subscribe | Events | Advertise | Contact Us

  • Facebook
  • LinkedIn
  • Twitter

  • HOME
  • ABOUT
    • Who We Are & What We Do
    • The Vision
    • Readership
  • RESOURCES
    • Important Links
  • Retention & Engagement
  • Culture & Leadership
  • Regulatory
  • Technology
  • Industry Trends

Survey Reveals Surprising Employee Views on Benefits, Compensation, and Fairness

By Joanne Kaldy / March 5, 2019

Think your workers don’t pay attention to fairness in pay and promotions? Think again.

Organization, with HR’s guidance, must ensure that rewards programs are based on solid principles of fairness and equity that engage employees from all different backgrounds and experiences. According to a recent WorldatWork survey, HR professionals indicated that employees are concerned about how their employers base promotions, pay, and career development.  More than half of respondents said that their workers complain about these issues at least occasionally.

Among other findings:

·         About 1 in 3 HR professionals said that employees complain frequently about issues to fairness when it comes to base pay.

·         According to respondents (2 in 3), their employees seldom or never complain about retirement benefits.

·         Respondents overwhelmingly said that individual performance is a top consideration in determining pay fairness, but they weight responsibilities more heavily in base-pay decisions. They said that “individual potential” and “individual performance” are key determinants of nonfinancial rewards.

·         Nearly two-thirds (64%) of respondents said that consistency with the organization’s rewards philosophy is the most important factor in determining rewards. About half (49%) said that consistency with what has been promised to the employee is “very important.”

·         Respondents indicated that while c-suite execs often see both internal and external rewards fairness as important, these upper level managers don’t believe they are essential or critical.

·         Respondents agreed that, depending on how it’s done, communication can either improve or erode employees’ perceptions of rewards fairness. They identified market survey/external benchmarking, reward strategy and design, and a culture of openness/transparency are improving perceptions. They saw inconsistent application/favoritism as eroding it.

·         About three-quarters of respondents said that internal rewards equity is “extremely influential” or “moderately influential” on employee motivation, satisfaction, engagement, and retention.

·         The HR professionals surveyed said that men and women assess pay fairness similarly; but men often focus more on external comparisons, while women are more internally focused.

·         Survey responses indicated that women are more vocal than men when there are differences in fairness, particularly regarding flexible work arrangements and base pay.

In an interview with SHRM, Scott Cawood, WorldatWork president/CEO, said, “The results point to the need for much more transparency about how compensation programs work, especially when we see continued concerns about miscommunication, wage gaps, and pay inequities.”

Related Posts

  • New Survey Details 2018 Pay Raise and Compensation Trends
  • Survey: More Employers Offering Health Benefits To Attract Workers
  • Mom and Pop Benefits Can Win Employee Loyalty, Support Positive Parenting
  • (10/1) What Do Your Employee Benefits Say About Your Company Culture? - Hyrell
  • (10/19) 5 Employee Feedback Programs to Follow – Employee Benefit News

Categories: Trends in the Industry / Tags: Featured, Latest Article, Latest Articles, More Articles

Primary Sidebar

AROUND THE WEB

Items of interest from across the web.

  • As More States Are Legalizing Marijuana, How Should Employers Respond – HR Executive
  • Giving Thanks for Senior Living Employees, Leaders — McKnights
  • 22 States Petition CMS to End Mandate As 76% of SNF Staff Behind on Vaccines – Skilled Nursing News
  • 6 Ways to Re-energize a Depleted Team – Harvard Business Review
  • 7 Ways to Lift Up the Employees’ Morale Ahead of Holiday Season — Entrepreneur
  • Workforce, Financial Relief Focus in ‘Tumultuous Period’ After Midterms: Argentum – McKnights
  • 6 Steps to Creating More Inclusive Job Descriptions – HR Morning
  • Mental Wellbeing and Resilience: Tech + Culture to the Rescue – HR Daily Advisor
  • Employers Have ‘Flexibility Fatigue.’ But That Could Put Them on the Wrong Side of the ADA. – HR Dive(11/16) Employers Must Push Preventive Care to Inflation-Worried Staff – TLNT

View All

CONTACT INFO

Publisher: CC Andrews
440.638.6990
Editor: Joanne Kaldy

PO Box 360727
Cleveland, OH 44136

CATEGORIES

  • CULTURE & LEADERSHIP
  • RETENTION & ENGAGEMENT
  • REGULATORY
  • TECHNOLOGY
  • TRENDS IN THE INDUSTRY

Copyright © 2023 - InFrontWorkforce.com. All rights reserved.