PayScale surveyed over 7,000 human resources and compensation professionals to learn what challenges organizations are facing in 2019, how pay practices are shifting, emerging trends in comp, and more.
Concerns about retention and turnover is top-of-mind as organizations deal with a tightening job market; the struggle to find skilled workers to fill open positions is real.
The data helped create best practices that organizations can implement to attract top talent and keep their employees happy.
Some key findings from the report:
- Organizations are focusing on retaining top talent as turnover increases
- Organizations are exploring non-traditional perks and benefits
- Pay transparency remains to be wishful thinking for most businesses
Download the 2019 Compensation Best Practices Report to learn more.