The Evolving Landscape of Compensation and Benefits

This chapter examines the diverse role of compensation and benefits in human resources, emphasizing the importance of understanding employee needs beyond financial remuneration. It highlights the significance of personal connections made through HR interactions during both celebratory and challenging times, while also discussing modern workers' shifting priorities, particularly among Gen Z. The chapter stresses the integration of compensation strategies with organizational goals, underlining the growing demand for flexibility and comprehensive benefits in today’s workplace.