Ep 77 - 2023 Predictions in Compensation

Ruth, an expert in compensation trends, Bill, an industry veteran, and Russ, a seasoned professional, each share their bold predictions for 2023 in the compensation space. They discuss anticipated salary increases and the growing importance of effective communication around compensation strategies. The trio also dives into the evolution of remote work, forecasting a rise in structured pay models and national wage standards for remote roles. They highlight the necessity of pay transparency, especially in light of evolving legislation, and stress the significance of engagement to retain talent in a competitive landscape.