Read More

Compensation Planning for 2024

As we head into 2024, employee compensation remains front and center for attracting and retaining talent.

According to CNBC, 46% of U.S. workers planned to look for new jobs in 2023, citing low pay as their top reason for exploring new opportunities. With sentiments like this expected to continue into 2024, it’s as important as ever to implement and effective compensation program to attract, motivate, and retain employees.

In this advisory session, OneDigital compensation expert, Liz Bernaiche, will examine the following topics to provide HR professionals with a head start on planning and prioritizing compensation initiatives for the coming year.

  • Annual update on compensation budget trends
  • Use of published vs. crowdsourced data
  • Merit pay systems
  • Impact of DEI&B on compensation planning
  • Skills-based hiring trends
  • Compliance update

For more information on compensation planning, check out our Compensation Toolkit.