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While culture is certainly an organizational imperative, most employers intrigued by this model will need to take a brass-tacks approach by examining their compensation strategy as well as staying ahead of potential compliance hurdles.

Compensation professionals juggle many important responsibilities that are vital to supporting an organization’s success.

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This level of pay transparency will result in a greater understanding of the compensation philosophy and employees will be equipped to make informed decisions about their compensation.

According to the Alexander Group’s Sales Compensation Hot Topics Survey Report , 61% of surveyed organizations planned to increase headcount this year — the highest rate since 2019 — and raise total compensation cost by 5.3%.

The survey also showed: ;19% of surveyed employees said they don’t even try to hide it — their travel companions know they’ll be working on vacation and are never far from their work phone.; ;16% said they’ve missed out on time with family or friends because they needed to work while on vacation.; ;15% said they’ve worked secretly while on vacation without anyone noticing.; ;11% said they’ve pretended they were sick while on vacation so they could work instead.; 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; ;Executive Compensation; ;Finance and Budgeting; ;Well-Being; ;Workforce Engagement;

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Employee Compensation Survey Results In March 2024 , WorldatWork field ed a brief study to better understand the role of the "living wage" concept in organizations' compensation decision-making.