Pay transparency set to disrupt companies’ total rewards strategies over the next 2 years
Few people managers believe their company’s rewards strategy is effectively communicated, according to a Korn Ferry survey fielded in October.
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Few people managers believe their company’s rewards strategy is effectively communicated, according to a Korn Ferry survey fielded in October.
Employers may fear that disclosing too much information about how they pay will cause workers to become unhappy, but recent research dispels that.
Nearly two-thirds of organizations said they’re shrinking their compensation budgets for 2026 due to concerns about the economy or business performance, according to Payscale.
Employees are using AI to help prepare for salary discussions, but it’s possibly inflating their expectations of what’s fair.
“Agentic AI” was the buzzword du jour at WorldatWork’s Total Rewards conference in Orlando.
Lower-performing workers may lose motivation and be less likely to negotiate for a raise when pay, rank are revealed.
The number will mirror this year’s rate despite a slowing job market.
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