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EY expects AI to reshape compensation strategies in three key ways: Optimized pay structures.

For WorldatWork Members ;Internal Talent Marketplaces Get a Boost from AI , Workspan Magazine article; ;TR Is Key to Successfully Integrating AI and Work , Journal of Total Rewards article; ;AI Copilots: Improving the HR Experience for Employees , Journal of Total Rewards article; ;Mini-study: Emerging Insights on AI in Total Rewards , research; For Everyone ;How Will AI Impact TR’s Roles and Strategies Over the Next 5 Years?

Key Takeaways Digging deeper into exec pay.

Key Takeaways Unique times and challenges.

Key Takeaways Invest in employee development.

Key Takeaways Expanding retirement access .

Key Takeaways Employees are taking fewer vacations.

Key Survey Findings Base Pay The median total base pay adjustment in 2023 is expected to be 4.75%, only a slight dip from a median of 5% in 2022.

Key Takeaways Seven years of greater job dissatisfaction for women.

Some key points may include: The newly posted position requires different skills, education or experience levels, or certifications than it had in the past or that the current employee does not possess.