Amid low unemployment levels and a growing skills gap, employers are retooling their compensation and benefits strategy to attract and retain workers. In 2025, compensation budgets are expected to remain above historical trends, and benefits will become even more personalized, experts say.

Josh Bersin, CEO of human capital advisory firm The Josh Bersin Co., said companies will need to ask themselves what deal they offer to workers and how their employee experience compares in the battle for talent. READ MORE