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The way we do business is rapidly changing and more than ever, figuring out how to maximize the value of our people is the biggest challenge facing all organizations today and companies who are successful at overcoming this challenge will thrive.
Knowing your workforce and where it’s headed +
Designing the right rewards strategy +
A compensation budget that balances your bottom line and employee value proposition =
A thriving workforce
Trend: Growth by Design
93% of executives globally are planning a redesign in the next 2 years
Trend: A Shift in What We Value
97% of employees in Canada want to be recognized and rewarded for a wide range of contributions
What would make a positive impact on your work situation?
Trend: Growth by Design
93% of executives globally are planning a redesign in the next 2 years
Trend: A Shift in What We Value
97% of employees in Canada want to be recognized and rewarded for a wide range of contributions
What would make a positive impact on your work situation?
Trend: A Workplace For Me:
Personalization
Employee Priorities
Trend: The Quest For Insight
Use of Analytics in HR (Canada)
More opportunity for progress
Stage 1 - Basic reporting & trend analytics
Stage 2 - Benchmarking and correlations with business metrics
Stage 3 - Cause/effect analysis of key workforce outcomes
Stage 4 - Predictive analytics
Trend: A Workplace For Me:
Personalization
Employee Priorities
Trend: The Quest For Insight
Use of Analytics in HR (Canada)
More opportunity for progress
Stage 1 - Basic reporting & trend analytics
Stage 2 - Benchmarking and correlations with business metrics
Stage 3 - Cause/effect analysis of key workforce outcomes
Stage 4 - Predictive analytics
Budgeting Compensation For Today's Workforce
Top 3 Budget Influencers:
Retention Concerns - 69%
Overall Economic Climate - 61%
Attraction Concerns - 59%
Survey Says - Budgets Are Flat
2017 Fall Projection
2017 Actual
2018 Projection
The Answer to A Complex Equation
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