Compensation and Benefits Trends | Recruiting News Network

Jan 13, 2025 · 5 compensation and benefits trends to buy into in 2025. HR Dive. January 13, 2025. Photo by Alicia Christin Gerald on Unsplash. Amid low unemployment levels and a growing skills gap, employers are retooling their compensation and benefits strategy to attract and …

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4 Compensation Trends That Will Impact 2025 | Employee Benefit …

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Jan 6, 2025 · According to BambooHR, 37% of workers agree that pay is the most important part of their compensation package, refusing to take a pay cut for other benefits like a four-day …

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FAQs about Compensation and Benefits Trends | Recruiting News Network Coupon?

What are the major compensation trends for the year ahead?

Major compensation trends for the year ahead include pay transparency, performance pay, and technology-assisted compensation management. Trending benefits for the new year include financial wellness offerings, flexible work arrangements, and health and wellness programs. ...

Are tech professionals satisfied with their compensation packages?

A deeper analysis of the 2025 Tech Salary Report reveals a widening disconnect between the benefits tech professionals value and what their employers provide. This gap helps explain why satisfaction with total compensation has hit an all-time low, with only 41% of tech professionals reporting they're satisfied with their compensation packages. ...

How can technology improve compensation management?

Many benefits leaders will turn to technology to simplify and streamline compensation management. A tool like Paycor Compensation Management Software enables companies to significantly reduce the effort and time spent planning budgets and completing merit, bonus, and equity cycles. ...

What is compensation & benefits management?

In the modern workplace, where attracting and retaining top talent is paramount, the realm of compensation and benefits management stands as a crucial pillar of employee management strategies. This involves analysing salary surveys, consulting with compensation experts, and benchmarking against peer organisations. ...

Why is a compensation strategy important?

In the ever-evolving world of business, compensation professionals play a crucial role in ensuring employees are fairly and competitively rewarded. A well-structured compensation strategy enhances employee satisfaction and drives business success. Key Features: In-depth modules on compensation management fundamentals. ...

What factors should you consider in your next compensation planning session?

Here are the main factors to consider in your next compensation planning session: Salary budgets stabilize. After hitting 4.4% on average in 2023, salary increase budgets are moderating closer to 4% for 2025. However, 4% is still high compared to the 3% pre-pandemic norm. ...