Securing hourly workers in a chaotic labor market requires a solid understanding of pay practices, along with the hourly pay rate, to determine where you are competitive and where you may need to make adjustments. With the US Hourly Employees Policies and Practices Survey, see how your strategies align with the competition and where you may need to modify your approach. Review data and insights across industries, in relation to:
- Methods of pay administration for traditional ranges and salary grades, step-based pay structure, wage rate, and skill-based pay
- Employee awards
- Management of shift premiums
- Premium pay/overtime
- Attrition
- Probationary and new hire pay practices