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Bonuses for investment bankers advising companies on mergers and acquisitions are expected to drop 15% to 25% this year from 2022, according to a study by Johnson Associates .

“Over the last five years, we’ve seen large organizations drop degree requirements in favor of certifications or experience, and now others are following suit,” said Julia Toothacre, the chief career strategist at ResumeTemplates.

The Journal of Total Rewards Fourth Quarter 2023 | Volume 32 | No. 4 This issue of the Journal of Total Rewards focuses on teaching and communicating Total Rewards to employees.

Industry Variations In Mercer’s study, the technology sector reported above-average compensation budgets, with increases of 3.5% for merit and 3.8% for total compensation, while the healthcare services industry reported below-average increases for merit (3.0%) and total compensation (3.5%).

Zollo also noted if an employer doesn’t cover weight-loss GLP-1s today, these programs may seem like an economical way to add the coverage, but HR and total rewards professionals should consider the number of organizational employees that would seek coverage for these drugs to understand total cost.

Total Rewards for a Multigenerational Workforce: What HR/TR Leaders Are Doing Differently On Demand until May 28, 2027 Facebook Twitter LinkedIn As workforce expectations evolve across Generation X, Millennials (Generation Y), and Generation Z, organizations in India are rethinking how Total Rewards is designed toremain relevant, equitable, and future-ready.

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

Such numbers have helped drive the state’s decision to drop four-year degree prerequisites for many of its government roles.

After spending a week with some of the brightest minds in total rewards at WorldatWork’s Total Rewards ’25 conference last month, one thing is certain: This profession is not just keeping pace with change — we're leading it.

Guided Checklist for Analytic Thinking & Data-Driven Action in Total Rewards Save This guided checklist outlines a structured, eight-step analytic process designed to empower Total Rewards professionals to make informed, strategic decisions.