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HR.com’s Future of Compensation and Total Rewards 2024-25

Published by HRSoft

The HR.com Future of Compensation and Total Rewards 2024–25 Report reveals that most organizations view their compensation strategies as moderately effective or worse, with only 22% describing them as advanced or innovative. Key challenges include wage compression, lack of personalization, and pay transparency compliance. The report emphasizes data-driven decision-making, fair pay initiatives, AI integration, and employee education as critical improvements. Organizations with more mature total rewards systems are significantly more likely to offer flexible benefits, wellness programs, and performance-based compensation, helping them attract and retain talent while aligning pay with strategic goals.

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