The dynamics of the workforce, shaped by technological advancements, cultural shifts and global events, necessitate a profound reassessment of compensation strategies in 2024. Businesses must adapt to emerging trends, reconsider traditional approaches to performance-based compensation and embrace principles of equity and inclusion. Staying agile and knowledgeable on compensation-based developments is imperative to remain competitive and prosperous in the new year.
This article explores the essential elements that your organization should consider when rethinking compensation strategies. READ MORE