Searching Compensation on page 20

Thomas advised employers to embrace artificial intelligence to augment compensation management and to utilize a balanced approach combining automated tools with traditionally structured compensation tools and human expertise.

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Compensation Program Context Compensation programs provide a framework to balance labor market rates, wage inflation and individual performance.

It is especially useful to those responsible for compensation benchmarking and developing compensation programs and those overseeing initiatives in Total Rewards, remuneration, compensation and benefits.

That includes gathering input and data about whether hyper-personalized compensation fits the needs of your particular workforce at all … before you take steps to shake things up and architect a designer compensation framework, Yardley said.

The Work of the Compensation Team What is the right number of compensation professionals for an organization?

Learn: Sales Compensation Course Series For each program evolution stage, the partner program definition of success may be different, and so should the compensation structure for channel managers.

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; ;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.

Methodology To discern a comprehensive set of benchmarking data and analysis to support compensation committee members’ responsibilities, Gallagher's CEO and Executive Compensation Trends: 2023 Edition includes compensation data for 2,834 companies provided by MyLogicIQ.