U.S. employees are an unhappy lot these days, with a substantial proportion believing that they're being underpaid relative to others who hold similar jobs, whether at their own or at other companies.
And for all they know, they could be right: Barely half of employers even have a process in place to ensure that their employees are paid fairly.
According to Willis Towers Watson's 2016 global workforce study, just 53 percent of employees feel they're being compensated fairly, compared with others who fill similar positions in other companies, while 24 percent say they are not. And when it came to their own companies, 55 percent of workers say they are being paid fairly compared to coworkers in similar jobs, while 22 percent say they are not.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
