TR2 | Pay Trends that Will Dominate in 2024
- Room: Oceanside C
- Session Number: TR2
Thursday, October 12, 2023: 1:30 PM - 2:30 PM
Speaker(s)
Description
Pay practices have experienced dramatic shifts over the last few years. From employee and legislative expectations around pay transparency and pay equity, to a new urgency around accuracy in job descriptions and skills assessments, to managing the vagaries of a volatile economy. HR teams have been pivoting so quickly that whiplash feels inevitable. This session addresses the pay trends that will shape 2024 and how organizations can leverage data and technology to meet the moment.
Learning Objectives
- Salary trends: Understand the outcomes of the annual salary budget survey and other HR data to create a sustainable total rewards program.
- Pay equity trends: Leverage technology to ensure your pay is internally equitable, externally competitive, and transparently communicated.
- Technology trends: Identify ways generative AI can play a role in job description management and skills assessments.