As market and workforce pressures around compensation frameworks and decision making become more imperative, more organizations are developing salary structures to better position themselves.
This was a main finding in WorldatWork and Deloitte Consulting LLP’s “2023 Compensation Structure Policies and Practices” survey, which found that 91% of the 1,007 responding organizations have a salary structure in place. This was an 8 percentage points increase from the 2019 survey, which had about a third of the response rate, indicating an increased interest in the use of salary structures at organizations. READ MORE