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;Total payroll expenses moved higher.

Gain the Competitive Edge: Rely on insights gathered by the leader in compensation and Total Rewards, providing you with the most trustworthy and up-to-date data available.; Global Perspectives: Benchmark your organization against the best with data from 23 countries including the United States, Canada, India, and the United Kingdom.

To retain top performers and engage employees, HR and total rewards leaders can learn from past decisions to help design and deliver innovative compensation strategies today and in the future.

For 2023, expected tech industry total salary increase budgets remain higher than the general industry, and 27% of survey respondents expect a total base pay increase budget over 6%. 2023 Bonuses Notwithstanding tech sector headwinds, six of 10 companies expect funding for bonus payouts made in 2023 (for 2022 performance) to be at 100% of target or better.

Recertification is more than maintaining a credential — it's reinforcing your expertise, staying current in a dynamic field and demonstrating your ongoing commitment to excellence in Total Rewards, Compensation and Benefits.

Stability offers value, which is reflected in the total rewards strategy, allowing the company to consider lower targets.

Personalized total rewards offerings that take into account the different priorities of various generations can help employers better support workers.

The report found the percentage of companies delivering more than 50% of directors’ total pay in equity continues to rise.

For WorldatWork Members ;Teaching Employees About Pay Helps Avoid Transparency Problems , Journal of Total Rewards article; ;Organizations Slow to Enact Pay Transparency , Journal of Total Rewards article; ;5 Things TR Pros Can Do to Mitigate Pay Transparency Risks , Workspan Daily Plus+ article; ;2024-2025 Salary Budget Survey , research; For Everyone ;Pay Transparency Is a Global Phenomenon (and Concern) , Workspan Daily article; ;TR Trending: Pay Transparency Bills Proposed in 8 States , Workspan Daily article; ;The Pay Transparency Playbook: Manager Education, Employee Engagement and Proven Practices , on-demand webinar; Even though pay transparency is becoming a requirement for organizations around the world, only 19% of U.S. companies actually have a pay transparency strategy in place, according to Mercer’s latest Global Pay Transparency Report.

In today’s evolving workplace — where people value purpose, autonomy and meaningful rewards — equity stands out as a high-impact component of a well-rounded total rewards strategy ( Global Equity 2025).