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However, the survey, which collected responses from 155 sales departments with a total employment of nearly 150,000 sellers, found one pronounced employment trend worthy of attention: open positions.

Kevin O’Connell, director of total rewards and HR operations for Samsung Semiconductor, shared that the company doubled their normal salary adjustment budget for 2022, in addition to establishing a competitive merit increase budget.

For WorldatWork Members 2024-2025 Salary Budget Survey , research;Compensation Structure Policies and Practices , research;Teaching Employees About Pay Helps Avoid Transparency Problems , Journal of Total Rewards article;Researching the Expanding World of Pay Transparency , Journal of Total Rewards article;Secret No More — Pay Transparency: The Good, the Bad and the Uncertain , Workspan Magazine article; For Everyone Pay Equity Laws by State — Are You in Compliance?

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.; Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Employee Compensation; ;Equitable and Diverse Workplaces; ;Finance and Budgeting; ;Organizational Performance; ;Well-Being; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

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Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Career Growth; ;Employee Experience; ;Organizational Performance; ;Well-Being; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Career Growth; ;Employee Experience; ;Finance and Budgeting; ;Workforce Engagement; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

There were 49 say-on-pay failures through mid-July, which is the lowest total at that time of year in the past three years.

Nancy Romanyshyn, senior director, total rewards strategy and solutions at Syndio, said it’s important to keep compensation consistent with the job to which an employee is being transitioned.