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Ideal for HR and compensation professionals entering the field or those currently responsible for designing, implementing, and managing compensation programs.

Workspan Daily article;Executive Compensation Immersion Program , course; Rising turnover in the chief human resources officer (CHRO) role has opened the door to more first-time selections, including some who have transitioned from outside HR entirely.

The Salary Budget Survey helps you: Gain a Competitive Edge: Rely on insights gathered by the leader in compensation and Total Rewards, providing you with the most trustworthy and up-to-date data available.; Attain a Global Perspective: Benchmark your organization against the best with data from 22 countries including the United States, Canada, India, and the United Kingdom.; Conduct a Comprehensive Compensation Analysis: Easily assess salary structures, promotional budgets, equity adjustments, lump sum awards, and variable pay, all in one authoritative report.; Generate Streamlined Reporting: Our Online Reporting Tool allows you to effortlessly customize and drill down to create U.S. and Canada tailored reports for your industry, geographic area, organizational size and/or revenue.; Recognized as the definitive gold standard in compensation studies, trusted and relied upon by compensation professionals worldwide, WorldatWork’s Salary Budget survey has helped organizations benchmark effectively

“With differences in how and when organizations and industries recover from the pandemic, and with labor shortages across various industries, we anticipate a great deal of flux in salary budgets over the next few years,” said Sue Holloway, director, executive compensation strategy at WorldatWork.

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: Organizational Performance;Sales Compensation ;

See Issue Workspan Magazine, February-March 2025 Inthisissue: Financial well-being ROI; executive compensation; reconciling internal vs. external pay strategy; internal talent marketplaces; more.

;Highly compensated employee exemption increased.

Noteworthy Shifts in Compensation Structures According to the survey, there has been a significant decline in the number of organizations operating without compensation structures, decreasing from 17% in 2019 to a mere 9% this year.

Total rewards are evolving from a focus on compensation to a focus on collaboration and connection.

“The rapid rise in salary increase budgets over the past couple of years, combined with today’s volatile economic environment, challenge HR pros to leverage data and think strategically as they formulate 2024 compensation budget recommendations and negotiate with CFOs,” said Sue Holloway, CCP, CECP, content director at WorldatWork.