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The survey examines which sales costs organizations track; best measures of sales productivity; which department leads sales compensation plan design; sales compensation plan types; variable pay frequency; sales compensation analysis tools commonly used; and more.

The four-part survey provides a sweeping overview of approaches to incentive pay, including types of STI plans; annual incentive plan (AIP) measures, eligibility, targets, and payout frequency; long-term incentive (LTI) prevalence; incentive plan budgets (actual and estimated); and more.

Yet, even though most employers (72%) don’t see a degree as a reliable signal for assessing the skills of a candidate, the majority (52%) still hire from degree programs because they believe it is a less risky choice when hiring, the survey found.

There is continued growth with organizations purposely designing full-time remote roles, rising to 72% this year from 55% in 2019.

Figure 1 shows these relationships.

Payscale’s Gender Pay Gap Report found that in 2024, for every $1 that men make, women will earn 83 cents.

Novo Nordisk to Lower Costs of its GLP-1 Medications Novo Nordisk announced Tuesday, Feb. 24 , that it will lower the list price, or wholesale acquisition cost, of several of its glucagon-like peptide-1 (or GLP-1) drugs — namely Wegovy, Rybelsus and Ozempic — by 35% to 50% from the current list price.

“When evaluating any particular investment type, a plan fiduciary’s decision should consider all relevant facts and circumstances and … necessarily be context specific,” it stated, adding that particular investments or investment strategies should not be singled out for increased or “special” scrutiny.

Talent Practice % of Orgs That Don’t Explicitly Use Skills % of Orgs that Manually Enter Skills % of Orgs that Have Skills Automatically Suggested Career pathing 23% 30% 28% Hiring — external 21% 36% 23% Hiring — internal 19% 32% 26% Learning and development 13% 38% 28% Mentoring 21% 34% 9% Opportunity/talent marketplace 26% 17% 32% Performance management 28% 38% 26% Rewards and recognition 40% 32% 26% Strategic workplace planning 30% 28% 32% Why Skills Are Crucial for Growth According to Sara Hillenmeyer, the senior director of data science at Payscale, a compensation software and data company, an employee’s skills journey is important for their career development and trajectory.

For instance, vacation days garnered interest from 51% of surveyed workers aged 18 to 24, rising across the age spectrum to 72% of those aged 55 to 64.