Compensation planning decisions have become increasingly complex, especially considering shifts in the way we work, governance and pay equity, the skills needed for future growth, and the desire to reward top performers. We have identified five trends in the labor market that we believe will shape an employer’s response for 2025: labor costs, pay transparency, the minimum salary test, AI use in hiring and retention strategy. Below, we explore what those trends are and how your company can respond to address them. READ MORE