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Common Challenges Emerging Across Organizations Despite representing diverse industries, roundtable attendees described several shared challenges: ;Skills are becoming obsolete faster than organizations can reskill.; ;Workforce expectations are evolving faster than policies.; ;Talent mobility is being affected by geopolitical uncertainty and security risks such as terrorism.; ;Employer value propositions are being shaped by sustainability and purpose priorities.; ;Compliance requirements are expanding across regions.; ;Data privacy concerns and rising cyber threats, including hacking risks, are increasing governance and workforce protection responsibilities.; Leaders emphasized these pressures are interconnected, meaning responses must be integrated rather than addressed in isolation.

This month, WorldatWork’s “ Salary Budget Follow-up Pulse Poll ” collected more than 250 responses from compensation professionals representing organizations of different sizes and across multiple industries, indicating an average 2022 merit increase of 3.7% and 3.5% median, significantly above predictions just six months ago.

Across industries, businesses struggling to bring on regular, long-term employees often turn to freelancers to help fill talent gaps or meet an increased workload, said Kathy Gardner, vice president of communications at FlexJobs.

In its ad, the Post said its ranges “reflect our good faith estimate to pay fairly as to what our ideal candidates are likely to expect, and we tailor our offers within the range based on the selected candidate’s experience, industry knowledge, technical and communication skills, and other factors that may prove relevant during the interview process.”

With one of the lowest retirement ages in the industrialized world, CNN reported that France spends more on pensions than most other countries at nearly 14% of economic output, noted data from the Organization for Economic Cooperation.

Other industries are also taking action.

The top-growing industries exclude career categories that typically lead the hybrid and flexible job marketplace, such as computer and IT, accounting and finance, marketing, customer service, and project management.

A September 2022 research report by McKinsey showed 58% of surveyed American workers (spanning all industry sectors) had the option to work from home for all or part of the week.

Of course, idioms, industry-specific terms and legal jargon are some areas AI will struggle with, as is tone when crossing cultures.

.; ;Seek out non-HR business knowledge, and network across industries.; ;Establish and monitor key performance indicators (KPIs) for rewards programs — and adapt as needed to meet goals.; ;Align incentive programs with your business’ performance objectives.; ;Design rewards programs to drive employee productivity .; Turba said such thinking is encapsulated within WorldatWork’s Total Rewards Optimization Methodology (see figure below).