A Look Back at the Biggest Trends in Benefits and Compensation in ...

What is the importance of Compensation and Benefits for employees?

They can help attract and retain top talent, motivate and engage employees, and improve employee satisfaction. When designing a compensation and benefits ...

Compensation Trends 2024 – What Companies Need to Know

More than Just Cash: Shift to Comprehensive Benefits ... The focus is shifting from purely monetary compensation to a broader view of employee well-being. The ...

Compensation Plans, Packages, & Recent Compensation Trends

Compensation plays a significant role throughout the employment life cycle. It's a draw for attracting and securing qualified candidates during ...

7 Key Employee Benefits Trends in 2024 - IMA Financial Group

The modern workforce is comprised of four or five generations of workers from various backgrounds. In 2023, many employers struggled to find a ...

Compensation Trends Reshaping Client Service Salaries Within ...

Our most recent report came out in February 2024 with a seven-year look back on compensation trends (2017-2023). Our goal is to illuminate ...

SHRM: 20-Year Employee Benefits Trends in the United States

Additionally, while annual salary increases are a staple component of compensation plans, many employers have shifted toward monetary bonuses ...

Employee Benefits Trends: What HR Needs to Know - Namely

What does that look like? In addition to prioritizing transparent pay equity policies, it may mean emphasizing family-friendly benefits and ...

Top 10 Employee Benefits for an Engaged Workforce - COMPT

MetLife's 2022 Employee Benefit Trends Study examined the changes in employee expectations when evaluating a benefits package since the pandemic ...

5 trends that are reshaping the way employers approach benefits ...

1. A wider range of mental health solutions · 2. Work-life integration strategies · 3. Personalization, flexibility, and choice · 4. Ongoing ...

Employee Benefits Explained: History, Evolution, and Key Trends

Today, employers across the globe offer a wide range of benefits – health insurance, retirement plans, and work-life balance programs. Group benefits, in ...

8 Benefits and Challenges of a Modern Compensation Management ...

Fortunately, a well-implemented compensation management strategy can play a vital role in improving employee loyalty and reducing churn. Top ...

Compensation planning for 2025: Five trends that matter

A growing number of states and local governments are adopting some form of expanded pay transparency that requires an urgent response by some ...

CEO pay slightly declined in 2022 - Economic Policy Institute

Cumulatively, however, from 1978–2022, top CEO compensation shot up 1,209.2% compared with a 15.3% increase in a typical worker's compensation.

What are the Newest Benefit Trends? - Clark Schaefer Strategic HR

Mental health remains one of the most talked-about and pressing benefit trends of this year. Even though the COVID-19 pandemic has receded to ...

Shaping the Future of Work: Compensation and Benefits Trends

Employees increasingly value personalized benefits. Organizations will need to provide a range of options that employees can tailor to their ...

Thought Leadership Reports - Guardian Life

Guardian's 13th Annual Workplace Benefits Study examines overall trends around US adults' well-being and how it has changed, especially for segments of the ...

Employee Benefits Market Outlook - USI Insurance Services

One of the top reasons employees leave their jobs ... 19Payscale, A look back at compensation trends in 2022 and predictions for 2023 ... The notice reinforces that ...

9 Trends That Will Shape Work in 2024 and Beyond

7. Climate change protection becomes a new employee benefit. · Explicit commitments to physical safety: · Compensation to impacted employees: ...

Employee Benefits Trends You Should Think Twice About Before ...

The right combination of benefits can significantly improve employee productivity and attract and retain top talent. However, it's not about ...

Employer Costs for Employee Compensation - June 2024

Total benefit costs consist of five major categories and include 18 benefit costs: • Paid leave - vacation, holiday, sick, and personal ...