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However, most surveyed employers (86%) reported hiring challenges, with major concerns including: A lack of applicants with the required skills (48%);Hiring quickly enough to land the best talent (48%);Meeting candidates’ salary expectations (48%); Given these challenges, nearly two-thirds (62%) of surveyed managers said they’d be willing to bend on years of experience if the candidate possessed the necessary skills for the open role.

The initial research release, titled “New Workforce Expectations: How Evolving Needs Are Reshaping the Workplace,” focuses on workers’ top concerns and how those concerns are addressed (or not) in current employer benefit offerings.

“Organizations of all kinds, from government entities to global multi-nationals to modest enterprises, rely on this annual survey to benchmark and plan salary increase budgets to maintain the workforces they need,” said Sue Holloway, Director, WorldatWork.

For WorldatWork Members Considerations to Manage the Costs of GLP-1 Coverage , Workspan Daily Plus+ article;Total Rewards Inventory of Programs & Practices , research;Total Rewards Inventory Checklist , tool;Five Emerging Workplace Trends Affecting the Employee Experience , Journal of Total Rewards article; For Everyone As Interest in GLP-1 Drugs Spikes, Employers Weigh the Costs, Benefits , Workspan Daily article;Employers Grapple with the Rising Costs and Popularity of Specialty Weight-Loss Drugs , Workspan Daily article;Most Employers Hold Firm on Well-Being Offerings — But Want Results , Workspan Daily article;As Health Costs Spike, Total Rewards and CFO Collaboration Is Crucial , Workspan Daily article;Employers Facing Healthcare Cost Containment Challenge for 2025 , Workspan Daily article; Reuse Permission Glucagon-like peptide-1 (GLP-1) medications are more top-of-mind than ever this year for employees — and they’re

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 ; ;Employee Experience ; ;Total Rewards ; ;People Analytics ;

For example, employees who feel their pay is unfair in comparison to their colleagues’ pay may experience reduced levels of morale and engagement, potentially leading to increased turnover.

It’s no longer enough to pay a competitive wage and throw in some healthcare benefits to attract, motivate and retain a talented workforce.

For WorldatWork Members How Sharing Real-Time Data Elevates EY’s Well-Being Strategy , Workspan Magazine article;Workplace Wellness: Best Practices Study , Journal of Total Rewards article;How to Calculate the ROI on Your Wellness Program , Journal of Total Rewards article;Employers Ready to Shuffle Health, Well-being Partners for Better ROI, Employee Experience , Workspan Magazine article; Reuse Permission Employers looking for a refresh, a total overhaul or a first stab at a well-being program this year will want to keep abreast of current wellness trends, allow technology to offer a helping hand and account for their individual workforce’s needs.