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Macroeconomic Headwinds Raise the Stakes It’s important to interpret these trends in context. 2024 unfolded against a backdrop of renewed geopolitical tension, uncertainty around global tariffs, and ongoing volatility in currency exchange rates and supply chain conditions.

With that economic environment as a backdrop, how can total rewards professionals offer resources to help employees who may be struggling with debt?

.; With that as a backdrop, economists and analysts were highly anticipating the BLS January jobs report to gauge where the U.S. economy was heading.

With a backdrop of economic uncertainty, shifting expectations and evolving social norms, today’s employees expect benefits that: ;Help them balance their personal lives and address what happens outside of work.

With that as a backdrop, Mercer published the results of its most recent QuickPulse U.S.

A Deep Dive into the WHD Data With all that as a backdrop, the following tables provide WHD enforcement data over the past five fiscal years (2020 through 2024).

Against this backdrop, organizations are asking themselves with rising urgency: What should our future strategy be, and who will help us get there?

Against this backdrop, you likely need to adopt compensation approaches that are market‑sensitive, financially sustainable and grounded in transparent communication.

Segmentation and Simplification Amid this backdrop, new trends are emerging in terms of geo-pay compensation structures.

Against that backdrop, employers will want to keep an eye on future developments and consider changes to their TR strategy accordingly.