Employers rethinking compensation, reward programs as competition for talent continues

North American employers are reevaluating their employee compensation strategies as they struggle to find and keep employees in several key areas.

Two-thirds of employers have increased hiring activity in 2022, according to the WTW 2022 Mid-year Compensation Survey. However, about the same percentage of respondents are having difficulty attracting and retaining employees with digital skills and professional employees, and more than 60% are having problems hiring and keeping hourly employees. READ MORE