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The survey findings are organized into twelve topics, including: the types and characteristics of salary structures used, competitive positioning, frequency in adjustment of salary structures, strategy and design of salary structures, workplace changes, and more.

.; Career development opportunities are a type of indirect compensation that clearly benefits both your employees and your organization.

The report also found that while current pay budgets have risen to 4.2%, in 2022 more than two-thirds of companies (70%) spent more than they originally planned on pay adjustments for the past 12 months.

Hybrid Options Work for All Demographics Of the women surveyed by Deloitte, 70% were more likely to stay with their employer in the coming years if they have a high degree of work flexibility.

WorldatWork research found the percentage of employers offering paid parental leave to some or all their employees grew from 46% in 2016 to 70% in 2022.

That’s up 45% since 2015, according to the report, which also found that 70% of surveyed are juggling paid employment and caregiving.

Consider Alternatives to Unlimited PTO Many HR/TR teams may be abandoning unlimited PTO, but flexible benefits should still remain a top priority.A survey by insurance company MetLife showed 70%of workers said customizable benefits would increase their organizational loyalty, and the demand for a better work-life balance will only become more important in the coming years.

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Presenting this type of policy with crystal clear expectations and data can serve as a motivator for workers, said Sara Hillenmeyer, the vice president of AI and data science at compensation software and data company Payscale.

Rather than just a general story that the company is paying market-competitive rates, organizations should provide information on the type of peers they want to compare themselves with, as well as the underlying rationale.