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Broken out by employee type, organizations are projecting an average increase of: 4.1% for nonexempt hourly employees and nonexempt salaried employees.;4.1% for exempt salaried employees.;4% for officers and executives in 2024.; Promotional Increases WorldatWork’s survey reported that 55% of organizations budget for promotional pay increases while 45% do not.

For WorldatWork Members ;Bonus Programs and Practices , research; ;Total Rewards Inventory of Programs and Practices , research; ;Total Rewards Inventory Checklist , tool; ;Crafting the Employee Value Proposition , tool; A recent report conducted by recruitment marketing agency HireClix found that more than 70% of employers have a formal employee referral program, but only 2% of them report that those programs are currently working.

An article in the current edition of Workspan magazine — “ How Will Recent Union Wins Affect Overall Total Rewards?

Clayton Johnson, CCP Director, Total Rewards Consulting GBS Sandra Konyu, CCP, GRP, CCP*C Senior Consultant, Total Rewards True North HR Consulting Kathleen McNinch, CCP Total Rewards Manager Berkshire Health Systems Keri Purtell, CCP Classification and Compensation Analyst Prince William County Government Elliot Scott, CSCP Owner and Managing Director Elliot Scott Consulting LLC Ontario Stotts, CCP Senior Executive Compensation Partner Bon Secours Mercy Health Ashley Thomalla, CCP, GRP Senior Vice President Hub International Jacqueline Tran, CCP, GRP, CCP*C Manager, Total Rewards Kinross Gold Corporation Irena Wolf, CCP, GRP Senior Manager, Executive Compensation Juniper Networks Karey Wong Compensation Philosopher Georgina Xu, CBP Compensation and Benefits Manager Heraeus Journal of Total Rewards Q2 2025 Explore the next equity frontier -- where analytics help ensure inclusive advancement opportunities.

For WorldatWork Members ;Internal Talent Marketplaces Get a Boost from AI , Workspan Magazine article; ;TR Is Key to Successfully Integrating AI and Work , Journal of Total Rewards article; ;AI Copilots: Improving the HR Experience for Employees , Journal of Total Rewards article; ;Mini-study: Emerging Insights on AI in Total Rewards , research; For Everyone ;How Will AI Impact TR’s Roles and Strategies Over the Next 5 Years?

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 Benefits; ;Employee Compensation;Employee Recognition; ;Total Rewards; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

What type of discussions will help build greater understanding of total rewards decisions?

For WorldatWork Members Bonus Programs & Practices Report , research;Total Rewards Inventory of Programs & Practices Report , research;Changed Job Market Drives Strategic Approach to Total Rewards , Workspan Magazine article;Making Pay for Performance Work , on-demand webinar; For Everyone How Bonuses Figure Into 2024 Compensation Plans , Workspan Daily article;Sign-On Bonuses Can Play Pivotal Role in Attracting Seasonal Staff , Workspan Daily article; Nearly all U.S. organizations are using bonuses as a total rewards vehicle.

For WorldatWork Members ;Total Rewards Inventory of Programs and Practices , research; ;Total Rewards Inventory Checklist , tool; ;How Well Do You Elevate Employee Input into Total Rewards Design?

Attend the webinar to explore what is possible, then join the workshop to start putting it into practice. 1 RECERT CREDIT Featured Featured Speakers Joshua Lemon Senior Director of Global Total Rewards Resideo Michelle Dolan Director of Human Resources MNP Community & Sport Centre Tiffany Jones Head of Global Total Rewards, Performance and Careers Accenture Alicia Jett CEO of Clout Coffee LLC and Founder and Lead Facilitator for Illuminate & Inspire, LLC