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RUDOLPH: When managing through a highly volatile and unpredictable macroeconomic environment, such as what we experienced during the pandemic, it became evident that a lot of companies could not reliably see a year into the future in order to set effective incentive goals.

It’s very much a city that has a lot of passion and energy — there’s just so much to do, so much to see, so much to be part of.

“Historically, and even still today, we talk to a business owner about an ESOP, and a lot of times we get the response, ‘This is great.

In recent years, a null salary increase budget has been uncommon in some corners, with only 1% of companies that responded to WorldatWork’s 2023-2024 Salary Budget Survey providing no raises for most employees in 2022 and 2023.