Here’s What You Need to Know About the Radford Platform in September

We are excited to provide you with a number of updates across the Radford platform. First, we are excited to invite our U.S.-based clients to join an important Aon Pay Disclosure Pulse Study today to understand how firms are approaching changes in regulation related to disclosing starting salary ranges for open positions. In addition, we have a note on an important update coming in early 2023 regarding multi-factor verification to log into the Radford Network®, upcoming market practice study deadlines and more. Let’s get started…

September 2022 Highlights

Join our Aon Pay Disclosure Pulse Study Today: As you may be aware, the New York City Council passed a regulation effective November 2022 requiring employers in New York City to include “the minimum and maximum starting salary for any advertised job, promotion or transfer opportunity.” To help our clients in the U.S. understand what steps peer organizations are taking to prepare for and how they plan to approach this law or similar laws in other states, as well as its impact more broadly, we’ve developed a quick and complimentary pulse study that covers: what type of compensation information employers intend to disclose and where; strategy for determining minimum and maximum starting salaries for roles; understanding who makes adjustments to salary ranges; and more.This study closes on Sept. 27, and complimentary results will be available to participants in October.

To join now, please click here.

Here are additional highlights for this month:

  • Data Collection for the Radford Global Compensation Database is Still Open; If you have submitted already, thank you! If you have not, we would like to remind you to submit data as soon as possible in order to avoid the risk of losing access to our database. Again,input materials are live, and if you are your company’s primary contact, you should have received submission details.
  • Our popular 2022 Salary Increase and Turnover Study- Second Edition results are now available to participants. To access these results, as well as other market practice studies for which you’re eligible, including the Employee Experience Study, please log into the Radford Network with your credentials and once on the homepage, click on the Data tab in the navigation bar and select Market Practices. You can then select the corresponding tab.
  • Multi-Factor Authentication to Log into the Radford Network: In early 2023, we will be introducing multi-factor authentication (MFA), an enhanced security measure to log into the Radford Network. We will share more updates on this in the coming months.
  • Update on Russia: Previously we shared an important update about Russia data. If you are a client that will be directly impacted by this decision, your sales account manager can discuss your options.
  • Access Location Analytics Today: For those clients who are eligible to access our new Location Analytics tool, we invite you to explore a number of valuable resources including this detailed video with everything you need to know to use this tool.

Your Checklist

We invite you to maximize your partnership with us by joining one or more of the following market practice studies that are open for participation. If you haven’t submitted your data, please do by the submission due dates in order to receive complimentary results:

  • The Car Policies Survey and Paid Time-Off Survey questionnaires are open for final submission by Oct. 14.
  • The Intern/New Graduate SurveyandPay Administration Survey questionnaires are open for final submissionby Oct. 14.
  • The Sales Incentive Practices Study has been extended due to popular demand until November 14.
  • The Short- and Long-Term Incentive Design Study reports will be released with RGCD results at the end of October. Submit before Nov. 14 to get the reports!

Simply visit your survey input page to find up-to-date compensation data and market practice study submission windows and to check in on your participation status.

Training Resources and Support

We would like to remind you that we havehandy information on what happens to peer groups after a new survey year starts as well as following a quarterly data publication, our newest recorded training that walks you through our input process and more. You can bookmark our Radford Network Knowledge Base to easily access it at any time tosearch for input and output resources, network tools and training videos.

In addition, we have rolled out a number of special, live 30-minute client webinars designed with you in mind — on a range of topics such as a helpful overview of key July release updates, a rundown on everything you need to know about our Location Analytics tool, as well as a session covering peer group expiration. You can register for one or more of these sessions on the Radford Network Resources Tab.

As always, don’t hesitate to contact your survey consultant, with any questions about the Radford Network or the Radford Global Compensation Database.

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