Compensation and benefits trends

The way companies approach employee benefits and compensation has always followed trends in the talent market.
Two common examples include:

This year will be a chance for companies to really evaluate their current compensation methods and determine the best course of action to provide fair and equal pay, comply with local laws and retain and attract top talent during labor shortages and the continuation of the Great Resignation.

The way companies approach employee benefits and compensation has always followed trends in the talent market

Two common examples include increasing salary ranges to hire hard-to-fill roles and expanding parental leave and caregiver benefits as that's become a focus for candidates

But today, new trends are emerging

One of the most critical trends for compensation in 2022 will be the ability to successfully manage change

Just as companies were beginning to take down their guard and plan for an official return to work, the Omicron variant hit, proving to all of us that there’s no predicting what’s ahead

This year will be a chance for companies to really evaluate their current compensation methods and determine the best course of action to provide fair and equal pay, comply with local laws and retain and attract top talent during labor shortages and the continuation of the Great Resignation