Searching Compensation on page 23

The 25th annual 2023-2024 Director Compensation Report , produced in collaboration with consultancy Pearl Meyer, was based on a robust analysis of director compensation trends and practices and nonemployee director compensation across 1,400 companies of various sizes and spanning 24 industries.

Access Free Report CompAnalyst® Market Data Free Benchmark Job Reports through the Salary Data Center Need real-time, HR-reported compensation data to make quick and accurate compensation decisions with confidence?

And while incentive compensation studies often suffer from an inability to be “in the moment” and determine how compensation committees would have set targets, this criticism does not apply in this case.

While competitive hourly compensation rates remain key, it could behoove organizations to tip the scales in their favor by providing perks such as sign-on bonuses for season staff.

Methodology To identify trends in C-suite compensation in large, publicly traded companies, Gallagher’s CEO and Executive Compensation Trends: 2024-2025 Edition includes compensation data for 2,892 companies analyzed by major industry and company size.

tool; For Everyone The Five Goals of a Strong Compensation Structure , Workspan Daily article;Report Shows More Organizations Are Leaning into Pay Transparency , Workspan Daily article;10 Elements for a Successful Sales Compensation Philosophy , Workspan Daily article;Navigating the Compensation Landscape: Tailoring Pay Philosophy for Growth and Stability , on-demand webinar; What constitutes an effective compensation philosophy?

For WorldatWork Members ;Skills-Based Mentoring: An Efficient Way to Build Skills , Workspan Daily Plus+ article; ;How Apprenticeships Can Help Organizations Gain Skilled Workers , Workspan Daily Plus+ article; ;A Step-by-Step Guide to One Skills-Based Org Lever TR Can Pull , Workspan Daily Plus+ article; ;Career Curation: How Total Rewards Can Drive Skills Portfolio Building , Workspan Daily Plus+ article; There is a strong focus today on skills-based compensation, which is used to attract, reward and advance employees who have attained specific skills and continue to build on them.

Here are some additional highlights: 65% of respondents said they use a market-based compensation structure, up from 55% in 2019.;54% of organizations have more than one compensation structure in place, with 32% citing the use of two to four structures.;80% of respondents said compensation structures continue to be tied to base pay, a slight decrease from the previous survey as companies explore alternative approaches.

For sales compensation, this raises some practical questions: ;Should organizations disclose base salary only or the total target compensation?

Each article addresses Korn Ferry’s “ Top 10 Questions for Compensation Committees in 2021 ,” a publication produced at the beginning of the year.